Wednesday, 9 March 2022

WTI Crude Oil Eases Despite Supply Constraints, Brent Follows

Oil prices have eased despite Russian oil ban and declining stockpiles. Will UAE and OPEC production be sufficient to offset supply constraints and elevated prices?

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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...