Tuesday, 1 June 2021

Crude Oil Prices Hit 2-Year Highs on Upbeat Demand Outlook, Falling Stockpiles

Crude oil prices extended higher after OPEC+ forecasted tighter market conditions and gave a green light to July output hikes. Markets expect US inventories to fall by more than 2 million barrels t...

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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...