We are just days away from two major events that could influence not just oil markets over the next few months, but also trajectory for the entire global economy. The G20 summit is about to begin in Osaka, Japan, an event that is more often than not a rather dull affair. While the leaders involved may agree to a bland communique, the real action will be on the sidelines, with the whole world holding its breath awaiting the outcome of the Trump-Xi meeting on Saturday. Two days later, OPEC+ will meet in Vienna. Unlike the past few meetings, all of the drama has been sucked out of the upcoming gathering. With oil demand sagging, and prices only bouncing off of year-to-date lows on the fears of a full-blown war in the Middle East, there is little room for OPEC+ countries to add supply back onto the market. Not, unless […]