• EURRUB hits multiyear high at 93.69 levels and currently trading around 91.98 levels.
   
• Futures for WTI dropped 0.71% to trade at $28.15 per barrel, while Brent futures lost 0.82% to $27.65 per barrel.
   
• Prices of oil moved in the red zone on Thursday, with traders still nervous ahead of the official crude inventory report that may show another build in US reserves.
   
• As for Iran, the country is expected to fully enter the oil market after economic sanctions were removed.
   
• Later today, ECB monetary policy will be in focus, which gives further direction to the parity.
   
• Major resistance level is seen at 94.35 levels and minor support falls at 91.62 levels.