Tuesday, 31 May 2022

Crude Oil Dips on OPEC Plans to Ditch Russia and US Dollar Firms. New Highs for WTI?

Crude oil prices tried higher but a report from OPEC saw it slip lower while the US Dollar caught an up draft on higher Treasury yields. Where to for WTI?

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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...