Sunday, 10 October 2021

Oil Price Rally to Persist amid Tepid Recovery in US Crude Output

The price of oil clears the $80 handle as OPEC remains reluctant to boost production, and current market may keep crude prices afloat amid the tepid recovery in US output.

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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...