OIL.WTI loses as OPEC+ agreed to ease production cuts in December, according to WSJ reports. Also, OPEC informed that the organization works with Russia, Kazakhstan and Iraq to offset past overproduction. Oil is also pressured by higher than expected US EIA inventories, lack of Israel counterattack to Iran. However, some media reports suggest Israeli strikes in Damascus, Syria.
Source: xStation5
Daily Summary: End of an Extremely Intense Week (19.06.2026)
Three markets to watch next week: EURUSD, OIL, NASDAQ (19.06.2026)
US Closed: Postponed negotiations weigh on futures
🚩 Gold loses 1.5% as Goldman Sachs cuts its 2026 bullion price target