Oil futures rallied on Wednesday, with U.S. prices settling above $80 a barrel for the first time in nearly a week as Hurricane Ian led to a slowdown in production in the Gulf of Mexico. The Bureau of Safety and Environmental Enforcement reported Wednesday that in response to the storm, 9.12% of oil production and 5.95% of natural-gas output in the Gulf has been shut in. That was, however, lower than shut ins of 11% of Gulf oil output and 8.56% of natural-gas output on Tuesday. November WTI crude CLX22,
Technical Analysis & Forecast 28.03.2024
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0823. By now, it has expanded the range downwards to 1.0808.