BREAKING: OPEC + policy unchanged - oil under pressure

The latest reports indicate the continuation of the current OPEC + policy with regard to increasing production. Therefore, in January, we can expect an increase in the production limit by 400,000. barrels in January. Crude oil drops to new local lows. Price is currently testing around $ 63.00 level, while key support is located at $ 62.00.

Interestingly, during the current OPEC + meeting, very negative scenarios regarding demand were discussed. Even so, OPEC + is likely to keep the policy unchanged, although this is not an official decision yet.

Crude oil breaks below $ 65.00 and is heading towards key support at $ 62.00. Source: xStation5

17 September 2026, 4:45 PM

US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)

17 September 2026, 8:46 AM

Chart of the day 🔼 Gold rebounds 1.3% despite hawkish Fed stance (17.09.2026)

16 September 2026, 8:19 PM

📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls

16 September 2026, 7:59 PM

Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.

Commodities

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