Tuesday, 17 September 2019

Crude Oil Price Outlook: Oil Backwardation Highest in 6 Years

Geopolitical tensions in the Middle East remain at the forefront of investors’ minds with the Saudi Oil minister scheduled to speak from 18:15BST. Oil prices see a 6 standard deviation move.

from DailyFX - Market News https://ift.tt/2Qd99c5
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...