The Eurozone central bank raised rates by an unprecedented three-quarters of a percentage point last week to anchor inflationary expectations, while the US Federal Reserve has indicated it is not done with rate tightening just yet despite the very real threat of protracted economic contraction.
Oil Price Today (November 13): Brent crude climbs above $95 after fresh Middle East attacks; Trump says no need for deal
While oil prices have dropped from their multi decade highs which they hit earlier this year, analysts remain cautious amid the seesaw political game in