Thursday, 4 October 2018

US Crude Oil Price Marches Higher Despite Report of Output Increase

The US crude oil price continues to defy gravity despite a report that Saudi Arabia and Russia agreed last month to raise their oil production.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...