The OPEC + meeting has started. The first reports say that production is cut by 2 million barrels per day.
However, on closer inspection, the cuts are referring to r the full production target. Currently, OPEC + produces 3.5 million barrels per day less than the production limit. If this were true, the real cut could be as low as less than 1 million barrels a day from countries such as Russia, Saudi Arabia and the UAE.
 
Crude oil is rising immediately, however the details are not supportive for market bulls. Source: xStation5
Daily Summary: ECB, FOMC and MAG7 - mixed signals and risk aversion
BREAKING: EIA gas inventories change slightly above expectations. NATGAS increase after EIA data 📌
Breaking: Update on Soybean - China to Buy 12 mt Soy This Year
Chart of the day - Soybean (30.10.2025)
 
             
                    
                                            