Wall Street Journal | Oil Rallies Ahead of ECB Meeting, Oil Data Wall Street Journal The Frankfurt-based ECB is expected to launch its own quantitative easing program in an effort to revive the eurozone economy which could increase demand for commodities. The U.S. inventory data, however, could reinforce the perception that the global ... Oil prices above $49 ahead of ECB bond buying move Oil gets boost on hopes for Europe's economy Oil prices dip ahead of looming ECB bond buying programme |