📉 WTI crude oil loses almost 5%

Concerns about the global economic slowdown drove down oil futures prices:

Crude oil is heading for its first weekly decline since April as investors weigh the prospect of further monetary tightening by central banks.
Analysts, including Callum MacPherson of Investec, point to deteriorating fundamental conditions for further 'black gold' price increases.
USA intends to maintain sanctions by limiting the export of crude oil and petroleum products from Iran. According to analysts, the oil market must now focus on 'profitability'
The reading of data on industrial production below expectations (0.2% vs. 0.4% expected) caused an increase in concerns about the economic recession.

OIL.WTI chart, D1 interval. US WTI prices are losing over 4.8% today and are falling near the level of 109 USD per barrel. From a technical point of view, "black gold" breaks below the 50-day exponential moving average (blue curve). Source: xStation 5

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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