Monday, 18 November 2019

Oil Price Vulnerable to Wait-and-See OPEC Amid Record US Crude Output

The price of oil pulls back from a fresh monthly high ($58.17) as OPEC shows little intentions of taking additional steps to balance the energy market.

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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...