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USOil

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EU considering a €2 trillion stimulus package

The European Commission is floating a 2 trillion-euro plan as it seeks a way past the divisions of recent weeks but there’s no guarantee…

UK Oil falls while Europe starts relaxing lockdown measures

Europe’s main oil benchmark is now firmly part of the rout that sent U.S. oil futures below zero for the first time ever this week. UK B…

US Oil bounces back after historic negative low

U.S. crude oil bounced back into positive territory today after trading in negative territory yesterday for the first time ever. Traders could…

Death toll rises further in the US while exports fell sharply in Japan

State governors have sparred with President Donald Trump over virus testing capacity and how quickly their economies can re-open in the…

IMF calls for high spending to fight the pandemic

The International Monetary Fund said member states should spend whatever it takes to fight the Covid-19 pandemic and ignore the major damage t…

IMF warns of steepest GDP contraction in a century

The International Monetary Fund (IMF) says this recession will be the steepest in almost a century and warned the world economy’s contra…

OPEC agrees production cuts

The world’s top oil producers agreed to cut output by 9.7 million barrels a day starting in May, after long negotiations which led to a pact…

EU leaders fail to agree on more support for the economies

European Union finance ministers failed to agree on more support for their coronavirus-hit economies. A feud between Italy and the Netherlands…

UK Prime Minister Johnson in intensive care

British Prime Minister Boris Johnson is fighting worsening coronavirus symptoms in an intensive care unit, leaving his foreign minister to lea…

Daily death toll in coronavirus epicentres lowering down

The reported daily death toll in some of the world’s coronavirus epicentres is lowering down. New York State fatalities fell for the fir…

Deal brokered between Russia and Saudi Arabia on oil production

Oil prices shed some of their massive gains taking stocks in Asia lower, as doubts grew over an oil price deal between Saudi Arabia and Russia…

EU shares bounce driven by energy stocks

European shares bounced driven by a recovery in energy stocks on rising hopes of a truce in the Saudi-Russia oil price war but worries about t…

Analysis: Hourly EURUSD 02.04.2020

Technical Chart pick of the day: EURUSD – Bearish Currently the USD is the world’s most liquid currency, as well as th…

US and Russia to discuss oil market

U.S. Energy Secretary Dan Brouillette spoke with Russian Energy Minister Alexander Novak after President Donald Trump and Russian President Vl…

Analysis: US Crude Oil Daily 31.03.2020

Technical Chart of the day: Daily US Oil Market Update: Crude oil futures recover after Russia agrees to talks Nymex WTI…

Social distancing measures will be extended until at least 30 April

Donald Trump had said he believed the US could relax its lockdown by Easter, but on Sunday night the president withdrew, saying that social di…

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High Risk Investment Notice: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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