# OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE

> OPEC+ announced a 188,000 bpd output increase for June at its first meeting without the UAE, which left OPEC on May 1. The seven participating countries cited market stability, and Middle East exports remain largely choked by the Iran conflict.

- Date: 2026-06-01 · published 2026-06-01T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/19151-opec-announces-188-000-barrels-per-day-output-increase-in-first-meeting-without
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The increase is small and mostly unavailable while Gulf exports are blocked, so it does little to offset supply losses and keeps energy-linked feed costs elevated.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-10-19 | [OPEC Meeting Ends Without Firm Decision On Output Cuts \| OilPrice.com](https://feedsoft.ai/events/50550-opec-meeting-ends-without-firm-decision-on-output-cuts-oilprice-com.md) | -2.1% | +0.0% |
| BRENT | 2020-11-30 | [OPEC alliance fails to decide on output hike ahead of major meeting – Businessday NG](https://feedsoft.ai/events/50067-opec-alliance-fails-to-decide-on-output-hike-ahead-of-major-meeting-businessday.md) | +3.5% | +7.0% |
| BRENT | 2026-06-01 | [OPEC+ announces symbolic oil output rise during Strait of Hormuz closure](https://feedsoft.ai/events/19157-opec-announces-symbolic-oil-output-rise-during-strait-of-hormuz-closure.md) | +2.9% | -23.1% |
| BRENT | 2023-02-13 | [UAE energy minister: no need for early OPEC+ meeting](https://feedsoft.ai/events/37490-uae-energy-minister-no-need-for-early-opec-meeting.md) | -4.0% | -3.9% |
| BRENT | 2026-04-06 | [OPEC+ to hike crude output: Will it make a difference to oil prices? \| Euronews](https://feedsoft.ai/events/19611-opec-to-hike-crude-output-will-it-make-a-difference-to-oil-prices-euronews.md) | -9.7% | -4.1% |
| WTI | 2020-10-19 | [OPEC Meeting Ends Without Firm Decision On Output Cuts \| OilPrice.com](https://feedsoft.ai/events/50550-opec-meeting-ends-without-firm-decision-on-output-cuts-oilprice-com.md) | -2.4% | -1.9% |
| WTI | 2020-11-30 | [OPEC alliance fails to decide on output hike ahead of major meeting – Businessday NG](https://feedsoft.ai/events/50067-opec-alliance-fails-to-decide-on-output-hike-ahead-of-major-meeting-businessday.md) | +1.5% | +4.3% |
| WTI | 2026-06-01 | [OPEC+ announces symbolic oil output rise during Strait of Hormuz closure](https://feedsoft.ai/events/19157-opec-announces-symbolic-oil-output-rise-during-strait-of-hormuz-closure.md) | +3.5% | -20.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/05/03/opec-announces-188000-barrels-per-day-output-increase-.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
