For the first time in six years OPEC talks ended without a deal. Russia has rejected the offer of additional cuts. The price of WTI oil has broken lows from 2018. The main question which may be asked now is if the OPEC+ will even extend current production cuts agreement. Without it, there is a possibility to fall in vicinity od 30 USD per barrel.

🛢️WTI crude tests $90. Brent below $100
BREAKING: Iran has offered the US a deal to reopen the Strait of Hormuz, according to Kyodo 🚩 Oil falls sharply
Morning Briefing: Global Markets Riding AI Wave, Rising Geopolitical Tensions, and Hawkish Central Banks (22.09.2026)
Daily Summary: Optimism returns, chips rise, oil falls.