BREAKING: Oil prices plummet amid rumors of further OPEC production increases 🚨

Some OPEC+ countries believe that oil production increases can resume in April, as they consider fears of oversupply on the market to be exaggerated. The coalition led by Saudi Arabia and Russia has not yet made a decision, and formal talks ahead of the March 1 meeting have not yet begun. The final direction may depend on whether US President Donald Trump decides to take military action against Iran or whether a nuclear agreement is reached with that country, according to Bloomberg.

This information comes as quite a surprise, as until recently it was widely believed that OPEC would only maintain production in the near future.

WTI crude oil is falling sharply a few minutes after the publication of the OPEC information. Source: xStation

25 September 2026, 8:29 AM

Economic Calendar: Trump-Xi summit yields no breakthrough (25.09.2026)

25 September 2026, 7:17 AM

Morning Wrap: Oil pulls back following reports of Washington-Tehran talks (25.09.2026)

24 September 2026, 7:02 PM

Daily Summary: NATGAS and OIL are holding up amid the turmoil surrounding Iran and contract rollovers 💡

24 September 2026, 5:42 PM

BREAKING: Oil reverses gains, and the US100 halts its decline following optimistic reports on Iran

Commodities

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