🛢Oil prices rise after the OPEC + decision📈

OPEC's decision is quite extensive, but the market reaction is very positive. Most countries will keep production unchanged in April compared to March, and most of all Saudi Arabia will maintain an additional cut of 1 million barrels per day through February and March.

However, Russia will increase production, but only from 65k to 116k. barrels per day (it has been speculated that Russia wants to increase production by as much as 0.5 million barrels). In addition, Kazakhstan will be able to increase production from 10 to 20k barrels per day. Countries that will produce more will have time until July to compensate for their excess production. The next meeting will take place on April 1.

The price of WTI crude oil reached its highest level since January 2020. Should current sentiment prevail, the next target for bulls is located $ 66.5 a barrel. Source: xStation5

2 October 2026, 3:26 PM

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35 PM

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 6:47 PM

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 4:19 PM

The US has a Diesel problem. Now Europe is being asked to open its reserves

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