2:58 PM · 29 November 2019

Breaking news: Oil sinks nearly 3%

Russia's Novak says he favors taking OPEC+ extension decision closer to April

In addition the Interfax news agency cited kazakhstan's energy ministry said that Kazakhstan's Kashagan oilfield will resume oil production of 400,000 barrels per day by mid-December.

Oil price sinks nearly 3%. The nearest support to watch is $55.5 handle, where lies the lower limit of Overbalance structure (green rectangle).

Oil WTI H4 interval. Source: xStation5

12 November 2026, 7:08 PM

Daily Summary: Oil Rebounds, EURUSD Falls Sharply 🗽 Wall Street Stabilizes After Nvidia Sell-Off

12 November 2026, 5:42 PM

Oil Gains Nearly 2% Despite a Sharp Rise in US Inventories 📈

12 November 2026, 3:17 PM

🚩 Gold loses almost 3%

12 November 2026, 12:33 PM

Market Wrap: Europe Breaks Records, Another Scandal at Nvidia

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