OPEC+ likely to pause oil output hikes after September, sources say

After 175 past neutral policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (45% higher; middle half -3.6% to +3.0%), and +0.7% over 20.

• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.5%
• Jul 18, 2024OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say | Reuters-3.6%
• Dec 2, 2021OPEC+ agrees on planned January oil output rise, sources say | Reuters+9.7%
• Jun 27, 2025Oil steadies after report of planned OPEC+ August output hike | Reuters+2.1%
• Dec 2, 2025OPEC+ members to undergo annual oil capacity audit under new plan, sources say | Reuters-1.3%

After 187 past neutral policy events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.

• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.8%
• Jul 18, 2024OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say | Reuters-6.4%
• Dec 2, 2021OPEC+ agrees on planned January oil output rise, sources say | Reuters+10.6%
• Jun 27, 2025Oil steadies after report of planned OPEC+ August output hike | Reuters+2.6%
• Oct 7, 2025Oil settles flat amid OPEC+ output hike, supply glut fears | Reuters-4.1%