Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

The main events by the morning: May 5

May, 05 2025

OPEC+ plans to accelerate oil production growth and may cancel a voluntary production cut of 2.2 million barrels per day by the end of October. In particular, since June, the countries have agreed to increase oil production by 411 thousand barrels per day. Saudi Arabia, unhappy with the excess of quotas by Iraq and Kazakhstan, initiated measures, refusing to support the market. Riyadh has made it clear that it no longer intends to single-handedly stabilize the market and maintain its pricing pol... Read More

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