10:11 AM · 3 June 2020

BREAKING: Oil drops as OPEC+ meeting in doubt

Bloomberg reported that OPEC+ meeting is in doubt as Saudi Arabia and Russia are unhappy with some parties cheating on oil quotas/compliance with current deal. It was rumoured that next week's meeting may be brought forward to Thursday this week but now it is uncertain whether the meeting will be held at all, either this week or the next. Oil dropped on the news with WTI pulling back from $37.50 to around $36.50. Stock indices also moved lower on the news.

OIL.WTI dropped around $1 on Bloomberg report release. Source: xStation5

11 March 2026, 6:55 PM

Daily summary: Oil still pressures Wall Street despite favorable CPI data 🗽

11 March 2026, 5:04 PM

🚩Silver loses 3%

11 March 2026, 3:34 PM

Oil slightly up amid Iran tensions and US EIA inventories report

11 March 2026, 2:28 PM

Iran’s Permission or Risk of Attack. The New Reality in the Strait of Hormuz

Commodities

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