2:42 PM · 30 November 2023

BREAKING: OPEC+ agrees on extra output cuts

Oil moved higher on headlines saying that OPEC+ agreed on output cuts. Saudi Arabia will extend its voluntarily 1 million bpd output cut while OPEC+ will also make additional million bpd output cut on top of that. Such an outcome was strongly hinted by media reports yesterday and earlier today and therefore market reaction is fairly muted. Brent (OIL) jumped around 0.6% on the news and did not even manage to paint a fresh daily high. A big part of the move was erased already.

Source: xStation5

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?

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

Commodities

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