Thursday, 14 May 2020

Crude Oil Holds Gains On Hopes Huge Stockpiles Can Be Run Down

Crude oil markets are still stuck between the demand collapse inspired by Covid and hopes that production cuts will start to erode inventory.

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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...