Tuesday, 27 April 2021

Crude Oil Prices Fall on Large Stockpiles Build, OPEC+ Honors Output Cuts

An extensive build in crude inventories sent oil prices lower on Wednesday. OPEC+ scrapped Wednesday’s meeting as oil ministers decided to stick to production cuts agreed at the previous meeting.

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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...