Wednesday, 2 September 2020

Crude Oil Prices May Not Capitalize on Draining US Inventories

Crude oil price may struggle to capitalize on EIA data showing another drawdown from US inventories last week as soft demand offsets production drop.

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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...