Thursday, 3 December 2020

Crude Oil Prices May Rise on OPEC+ Deal, Lasting Gains Are Suspect

Crude oil prices may rise if OPEC+ officials agree on a deal to slow-walk oncoming output increases due in 2021, but any gains might be fleeing as Covid-19 keeps demand soft.

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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...