Saturday, 14 May 2022

Oil Price Forecast: The Fundamental and Technical Backdrop Remains Bullish for WTI

Oil prices could rise in the short term if China begins to dismantle the Shanghai lockdowns and the European Union reaches an agreement among member states to ban Russian oil imports.

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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...