Thursday, 18 May 2023

Crude Oil Price Forecast: Brent & WTI Caught Between Supply & US Factors

Brent and WTI crude oil prices have recovered since early May lows as markets look to Fed speak, supply disruptions and the US debt ceiling for guidance.

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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...