S&P 5007,666.60▲0.5% Nasdaq26,217.83▲0.5% Dow53,061.95▲0.6% Russell 2K2,953.17▲1.1% 10-Yr4.80%+0bp VIX15.20−1.14 WTI$90.70▲0.5% Gold$4,431.70▲1.9% EUR/USD1.159▼0.1% BTC$79,153▼1.5% Nikkei66,215▼0.1%
At close · Thu, Sep 3, 2026
Daily Market Updates.

Commodities

Home›Commodities›Energy›OPEC Plus keeps oil output steady after U.S. and Iran…

OPEC Plus keeps oil output steady after U.S. and Iran strikes resume

The cartel made the decision after the resumption of U.S. and Iranian military strikes in the Persian Gulf, according to the New York Times.

Reported · Written up by our desk · Energy

OPEC Plus decided on Sunday to hold oil production steady, extending its existing output policy.

The New York Times links the timing of the decision to the resumption of U.S. and Iranian military strikes in the Persian Gulf, which raised geopolitical pressure around the region.

← Newer storyMartin Property Group to take over 100 NCP car park leases

More like this

CommoditiesRussia says it will keep supplying oil to India despite tariff threat
CommoditiesOil rises to 6-week high amid Iran-US tensions and trade concerns
CommoditiesIndia boosts rail coal deliveries as power plant stocks hit lows
CommoditiesIraq targets higher oil output in bid to outpace Saudi Arabia
CommoditiesOil prices jump as China boosts imports and Middle East supply stays disrupted

Sources

NYT BusinessOPEC Plus Holds Oil Production Steady as U.S.-Iran Strikes Resume

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.