🛢Oil jumps 3.0%📈

Oil prices rose sharply after Reuters, citing anonymous sources, reported that Russia at the next OPEC + meeting, which will be held on October 5, will propose an even greater reduction in oil production by up to 1 million barrels a day.

OIL, interval H1. Crude oil is rapidly gaining as a result of rumors surrounding a possible significant reduction in production by OPEC +. Price bounced back above the 50 day moving average around $ 85.00. The next target for bulls can be found around $ 90.00 level, where the SMA200 is located. Source: xStation5

3 November 2026, 7:19 PM

Daily Summary: Chips lift Wall Street on Election Day, oil drops amid progress in negotiations (03.11.2026)

3 November 2026, 4:32 PM

US Open: Lower oil prices boost indices, markets await Midterms results (03.11.2026)

3 November 2026, 8:33 AM

Gold loses almost 1% 📉

3 November 2026, 7:00 AM

Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)

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