Tuesday, 18 May 2021

Crude Oil Prices Fall as US-Iran Nuclear Talks, Stockpiles Eyed

Crude oil prices fell for a second day as markets weighed progress in US-Iran nuclear talks. US crude inventories climbed less than expected amount last week, buoying the outlook for energy demand.

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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...