Wednesday, 15 May 2019

Crude Oil Prices Fail to Benefit from Middle East Tensions

Crude oil prices still look more likely to move lower than higher as news of a surprise increase in US inventories outweighs continuing turbulence in the Gulf.


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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...