Oil launched the week with massive decline. Brent and WTI dropped around 8% at the open after OPEC+ meeting has been postponed to, at least, Thursday, April 9. Postponement is said to be caused by a rift between Saudi Arabia and Russia. However, oil has been steadily rising throughout the Asian session and has already retraced more than a half of the drop.
Oil price dropped significantly on OPEC+ meeting postponement. However, recovery is underway. Source: xStation5
Morning wrap (10.06.2026)
⚪Silver wipes out all gains from 2026 and approaches $60
Daily Summary- Return of the Sell-off on Wall Street⬇️
🟡⬇️Gold at its lowest since March