Oil prices are soaring today as speculations about a 3 party US-Russia-OPEC deal intensify. Following comments from president Trump, now we have news of Saudis calling for urgent OPEC+ meeting. Markets hope for a 10mbd cut! OIL is up over 20% after gaining as much as 40% at one point!

Chart of the day 🚩 Cocoa sell-off continues. Record ICE inventories and index rebalancing in focus (11.11.2026)
Daily summary: CPI reading hits markets, hawkish Fed and Wall Street selloff
Sharp retreat from gold. Higher US CPI opens the door to a 50 bps rate hike in the US
🚩 Oil falls 2% to its lowest level since late August. What’s next?