Wednesday, 28 July 2021

Oil Price Rebound Underpinned by Decline in US Crude Inventories

The price of oil defends the advance from the monthly low ($65.01) amid a larger-than-expected decline in US crude inventories.

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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...