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

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

23 October 2026, 7:22 PM

Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)

23 October 2026, 4:31 PM

US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)

23 October 2026, 6:42 AM

Morning Wrap: AI profitability concerns spark market Sell-Off

22 October 2026, 6:42 PM

Daily Summary: Valuations Under Pressure, Capital Moves Away From Technology

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