Monday, 9 October 2023

OPEC Raises Demand Forecast as Middle East Tensions Boost WTI/Oil Prices, What Now?

Oil prices have risen on concerns of supply disruptions as tensions in the Middle East continue to roil markets. Is an Oil Embargo akin to 1973 a possibility?

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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...