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Oil prices refine their course

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020
 
  • Oil futures rose about 2% as a steady improvement in U.S. refining activity offset a surprise build in crude and diesel inventories
  • US stocks produced a volatile downside reversal as investors remain hesitant about the recovery from the coronavirus-driven economic slump
  • Aussie price action edges higher owing to the steadfast appetite for risk despite building tensions on the Chinese front

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Miguel A. Rodriguez
Miguel A. Rodriguez
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Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.