Just at the time the oil market is struggling to break out, it could have done with out it. The Trump administration enacts legislation which targets China's Human Rights record and its handling of democracy protestors in Hong Kong.

Global oil over the years has been a litany of contrasting if not oft times conflicting interests, competing in a far from free market whatever the commentariat would have you believe.

NNPC despite its appearance only masquerades as an integrated oil company. It is neither a real commercial entity nor a meaningful operator. Not an oil company but a facilitator of kleptocracy.

Brent crude the international oil price benchmark and the basis which Nigeria uses for price discovery on its crude grades fell to $22 per barrel on Monday,

Bonny Light the most recognisable and one of the most sought after Nigerian crude grades last week  traded at $12 per barrel.  The low sweet flagship Nigerian crude had up until last month

The sporadic trade negotiations between the US and China have been paused as President Trump has agreed to a phase one agreement in principle as December 15th looms large.