Monday, 28 November 2022

Crude Oil Price Looks Lower on China Lockdown Fears Ahead of OPEC+. Where to for WTI?

Crude oil slipped lower on concerns around continual lockdowns across China but got a boost from conjecture that OPEC+ are thinking of cutting production further. Will WTI rebound?

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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...