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Oil fluctuates ahead of ECB meeting, inventory data - MarketWatch
MarketWatch | Oil fluctuates ahead of ECB meeting, inventory data MarketWatch In the short term, a decision by the ECB to move ahead with its bond-purchase program, known as quantitative easing or QE, will further weaken the euro and make dollar-denominated commodities like oil more expensive for holders of the common currency. Oil prices pare gains after ECB QE move Oil prices above $49 ahead of ECB bond buying move Oil prices dip ahead of looming ECB bond buying programme |
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