OPEC report does not improve the sentiment on the oil market

During today's session we can observe mixed sentiment in the oil market. On the one hand, we had speculation about a potential agreement between Saudi Arabia and the UAE, which theoretically could be positive for oil. On the other hand, the DOE report, while showing a sizable drop in inventories, ultimately led to a sell-off. Additionally, the recent appreciation of the dollar weighs heavily on oil.

The OPEC report for June was published today. Of course, OPEC picked up production as intended. The largest contributor responsible for the increase in production is, of course, Saudi Arabia.The world demand forecast itself has not been significantly changed. OPEC sees an increase in demand in 2022 by 3.28 million bpd, while this year by 5.95 million bpd. Contrary to the IEA report, the OPEC report does not call for a faster recovery of production, although at the same time it points to a growing demand for oil.

OPEC is restoring production as planned. Source: OPEC

Crude oil continues to decline and is testing the lower limit of the overbalance structure. Source: xStation5

19 November 2025, 12:26 PM

Will the Fed minutes confirm a pause in further easing? 🔎

18 November 2025, 6:50 PM

Daily summary: Wall Street tries to rebound 📈Amazon and Microsoft under pressure of Rotschild & Co Redburn

18 November 2025, 6:36 PM

Cocoa tries to stabilize after autumn sell-off 📌

18 November 2025, 6:44 AM

Morning Wrap (18.11.2025)

Commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

OPEC report does not improve the sentiment on the oil market

Join over 2 000 000 XTB Group Clients from around the world