Read more
5:51 PM · 30 September 2025

BREAKING: OPEC denies Reuters report on production increase 🔔OIL tries to recover

The Organization of the Petroleum Exporting Countries (OPEC) Secretariat issued a statement today, denying Reuters report, which claimed that OPEC and its allies are planning to increase crude oil production in November by 500,000 barrels per day on Sunday meeting. The OPEC decided commented:

"At present, discussions among the relevant Ministers concerning the upcoming meeting have not yet commenced. Consequently, the OPEC Secretariat strongly urges media outlets to exercise accuracy and responsibility in their reporting in order to avoid fueling unnecessary speculation in the oil market".

The oil price recovered after strong loses earlier today, leading the Brent at 62,6 USD per barrel again.

 

Source: xStation5

28 April 2026, 12:15 PM

📉Gold drops 1.5% as rising oil pressures precious metals

28 April 2026, 11:20 AM

Market Wrap: European banks under pressure, oil above $100

28 April 2026, 8:35 AM

Chart of the day 🚩USDJPY with mixed reaction to cautious Bank of Japan decision. Is stagflation heading to Japan? (28.04.2026)

28 April 2026, 8:04 AM

Economic calendar: US CB Consumer Confidence report in focus

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits