Wednesday, 11 October 2023

Crude Oil Price Forecast: Bears Reload but Energy Market Outlook Stays Positive

The attack on Israel has the potential to lead to upward pressure on oil prices in the near term, especially if irrefutable evidence surfaces linking Iran to the acts of terrorism witnessed over the past weekend.

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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...