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.

Daily Summary: Iran Uninterested in Trump’s Peace Plan
BREAKING: US Oil Inventories Surge Again. Oil WTI stable above $88
OIL: Growing market hopes for de-escalation? ⚔️
Morning wrap (25.03.2026)