Expect Price-Bullish Coordination Between OPEC, Non-OPEC Members Says Prestige's Schenker

The video discusses the recent uptick in market prices due to a deal and the potential impact of the upcoming Vienna meeting on oil prices. It highlights the influence of the US-China trade truce on the commodities market, noting that some effects were already priced in. The discussion shifts to oil demand, emphasizing the role of the US driving season and global economic indicators like the Chinese manufacturing PMI. The potential for a manufacturing recession in China is also considered.

What factors are contributing to the slight uptick in the commodities market?

How might the trade truce between the US and China impact the commodities market?

What has been weighing on commodities throughout the year?

What conditions are currently affecting oil prices and demand?

What are the expectations for China's manufacturing PMI and its implications?