2:21 PM · 4 October 2021

🛢OPEC + won't change policy - oil surges🔼

JMMC, the technical committee operating at OPEC +, recommends maintaining the current policy of increasing production by 400k bpd every month. Earlier it was speculated that there could be a bigger increase in production due to the current energy crisis. However, nothing like that happened. At 2:00 p.m. BST a key ministerial meeting started, but after the market reaction everything seems to be settled. OPEC + was to indicate that a surplus is expected in 2022, which will lead to price stabilization.

The current plan regarding production cuts is likely to remain unchanged. Source: Commodity Context

In response to reports from the OPEC + conference, WTI crude oil broke above the recent local highs, the level of USD 77 per barrel and the local highs from 2018.  Currently the price is at the highest level since 2014! Source: xStation5

17 September 2026, 8:46 AM

Chart of the day 🔼 Gold rebounds 1.3% despite hawkish Fed stance (17.09.2026)

16 September 2026, 8:19 PM

📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls

16 September 2026, 7:59 PM

Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.

16 September 2026, 6:02 PM

🟡Gold gains 1.2% ahead of Fed decision

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits