Thursday, 20 December 2018

Crude Oil Analysis: Oil Plunge Persists, Oversupply to Spark OPEC Panic

Roughly 2 weeks since OPEC and Non-OPEC members agreed to cut oil production by 1.2mbpd, oil prices have continued its plunge, falling an additional 10%.


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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...