3:45 PM · 23 August 2022

BREAKING: OPEC+ may decide to cut when Iran returns to the market

OIL.WTI
Commodities
-
-

Breaking news, OPEC+ may consider cutting production when Iran would return to the market. This is a possibility with the nuclear deal, which has been quite talked about recently. Iran could bring about 1-2 million barrels per day to the market fairly quickly. However, OPEC+ has a lot of room for a potential cut, given the strong production growth from Saudi Arabia or Russia. 

Oil is breaking out of a downtrend today and is close to testing the $94-95 area. The breakout of the last local peak could give signals to break out of the downward sequence. 

Source: xStation5

22 October 2025, 6:42 PM

Daily wrap – US Export Restrictions on China and Weaker Earnings Trigger Wall Street Correction

22 October 2025, 5:08 PM

🛢️WTI Crude Rises Over 2%

22 October 2025, 3:30 PM

BREAKING: Oil inventories fell despite increase expectations. WTI trades below 59 USD

22 October 2025, 9:26 AM

Chart of the day: GOLD (22.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

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