MNI Oil Weekly: U.S./India Trade Deal Sparks Russia Scepticism

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Executive Summary: 

• U.S./India Trade Deal Sparks Russia Scepticism: As part of this week’s U.S./India trade deal, a supposed halt in Russian oil buying draws questions around commitment.
• Oil Markets: Iran remains a key oil driver as risks remain around escalations this week. Hopes remain pinned on diplomacy prevailing. Meanwhile, the Trump administration focusses on opening licenses in Venezuela to serve the industry a boost.
• Analyst Views: See oil market views and outlooks from key analyst names