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

7 January 2026, 6:55 PM

Daily summary: Alphabet shares support sentiments on Wall Street 🗽Oil, precious metals and crypto slide

7 January 2026, 6:30 PM

US grains surge on commodity fund buying 📈 Wheat up 1.5%

7 January 2026, 6:05 PM

Oil dips below $60 amid EIA report🚨Is a sell-off coming?

7 January 2026, 4:01 PM

Gold loses 1% 📉

Commodities

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