Wednesday, 9 October 2019

Oil Price Forecast: Record US Crude Output to Fuel Bear Market

The price of oil struggles to retain the advance from earlier this week, with crude facing a greater risk of a bear market as US production hits a fresh record high.

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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...