
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
The pair has broken two levels of support: at 1.4253 and 1.4221. The next support is at 1.4160.
However, according to estimations, rising prices will lead to the reduction of demand. An important event for the oil market is the meeting of the OPEC and its allies including Russia on April 20. Let’s look whether they are able to find a solution for the volatile market.
That is all for today. Follow markets news with us!
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
US stock markets started falling, while the US dollar is rising. What to expect from
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