Brent Crude Slumps Into a Bear Market

The video discusses the ongoing trade war between the US and China, focusing on its impact on crude oil markets and global economic stability. It highlights concerns about China's potential boycott of US crude and the risk of China selling its US Treasury holdings. The discussion also covers geopolitical tensions, currency devaluation, and the potential for further tariffs. The video concludes with an analysis of US inventory data and its implications for market supply and demand.

What role does the US inventory data play in the current market situation?

What factors are currently affecting crude oil prices according to the discussion?