Monday, 24 April 2023

Oil Selloff Finds Support as the Reality of a Tighter Oil Market Takes Hold

Oil’s sudden selloff appears to be finding support before bridging the gap left by OPEC after its surprise announcement of further supply cuts. WTI and Brent consolidate

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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...