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 February 2026, 3:33 PM

BREAKING: Massive increase in US oil reserves!

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 12:29 PM

📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30

11 February 2026, 7:57 AM

Silver rallies 3% 📈 A return of bullish momentum in precious metals?

Commodities

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