3:42 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

2 April 2026, 6:32 PM

Daily summary: Hopes for peace and space stocks in the spotlight

2 April 2026, 9:43 AM

Gold slumps 2.5% as Trump vows the escalation in the Middle East

2 April 2026, 8:42 AM

Chart of the day: OIL rebounds sharply on Trump's Iran speech 🛢️ 📈 US will abandon Hormuz❓(02.04.2026)

2 April 2026, 6:45 AM

Morning Wrap: Trump want to send Iran "back to the Stone Age". Indices tumble (02.04.2026)

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