Tuesday, 11 May 2021

Crude Oil Prices Hold Gains as Stockpiles Fall, OPEC Lifts Demand Outlook

Crude oil prices are supported by falling inventories and demand optimism from OPEC during Wednesday’s APAC trade. The Colonial pipeline outage and US inflation data are in focus.

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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...