Thursday, 5 August 2021

Crude Oil Price Outlook: US Crude May Have Further to Fall

The price of US crude has fallen sharply so far this month and will likely drop further as traders shrug off heightened political tensions in the Middle East and concentrate on rising 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...