BREAKING: OIL jumps as Saudi Arabia extends output cuts

Oil prices jumped after Saudi Arabia announced extension of voluntary 1 million barrel production cut. Cut will be extended through September but Saudis have already warned that it can not only be extended but also deepened if needed.

Oil jumped over 1% on the news with Brent (OIL) trading above $84 per barrel and WTI breaking above $80 mark.

Source: xStation5

2 October 2026, 15:26

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 18:47

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 16:19

The US has a Diesel problem. Now Europe is being asked to open its reserves

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