Monday, 22 August 2022

Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal

Crude oil got a lift from comments overnight from the head of OPEC+ and its largest member state, Saudi Arabia. Will growth concerns be overcome 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...