Read more
11:19 AM · 5 March 2020

BREAKING: OPEC ministers agree to 1.5 mb output cut

-
-
Open account Download free app

According to latest reports, OPEC delegates agreed to cut output by an additional 1.5 million barrels per day. Oil price jumped on the news and Brent tested $51.80 in a knee-jerk move before pulling back. The proposal is conditional on Russia’s support but it is highly questionable whether Russia will bow to the proposal tomorrow.

Brent jumped on output cut news and tested downward trendline in the $51.80. However, crude price pulled back later on as the cut is said to be conditional on Russia’s support. Source: xStation5

11 February 2026, 3:33 PM

BREAKING: Massive increase in US oil reserves!

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 12:29 PM

📈 Gold jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30

11 February 2026, 7:57 AM

Silver rallies 3% 📈 A return of bullish momentum in precious metals?

Join over 2 000 000 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