The trade tariffs between EU, Mexico, and Canada and the friction with China are also weighing on crude oil. Bill Baruch More Quotes by Bill Baruch More Quotes From Bill Baruch The trade tensions and overall global market concerns are what's holding crude back today. Bill Baruch company-news We're starting to see a little of the premium come off from geopolitics, and the focus is shifting to inventories. Bill Baruch company-news