Sunday, 29 November 2020

Crude Oil Prices Retreat ahead of OPEC+ Meeting, US Blacklists CNOOC

Crude oil prices retraced from recent highs, weighed by a possible failure to agree on a delay in production hikes among OPEC+ members and the US blacklisting Chinese energy giant CNOOC.

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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...