# OPEC+ countries agree to raise oil output by 206,000 bpd from May | ZAWYA

> Eight OPEC+ countries agreed to implement a 206,000 bpd production adjustment from the 1.65 million bpd voluntary cuts, effective May 2026. The statement said the volumes may be returned gradually depending on market conditions.

- Date: 2026-04-06 · published 2026-04-06T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/19609-opec-countries-agree-to-raise-oil-output-by-206-000-bpd-from-may-zawya
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The adjustment is a paper increase that does not add barrels while shipping through Hormuz is blocked. Its real price effect depends on future reversals of voluntary cuts.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -13.2% | -7.5% |
| WTI | 2023-11-30 | [OPEC+ agrees to voluntary oil output cuts - Business & Finance - Business Recorder](https://feedsoft.ai/events/33089-opec-agrees-to-voluntary-oil-output-cuts-business-and-finance-business-recorder.md) | -11.0% | -7.4% |
| WTI | 2020-12-03 | [Opec+ agrees output hike from January - Business - DAWN.COM](https://feedsoft.ai/events/49556-opec-agrees-output-hike-from-january-business-dawn-com.md) | +0.5% | +7.0% |
| WTI | 2022-05-06 | [OPEC+ to increase output by 432,000 b/d in June \| Oil & Gas Journal](https://feedsoft.ai/events/41319-opec-to-increase-output-by-432-000-b-d-in-june-oil-and-gas-journal.md) | -1.9% | +9.9% |
| WTI | 2026-10-01 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17056-opec-agrees-to-keep-november-oil-output-targets-steady.md) | -2.3% | +8.7% |
| BRENT | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -9.7% | -4.1% |
| BRENT | 2023-11-30 | [OPEC+ agrees to voluntary oil output cuts - Business & Finance - Business Recorder](https://feedsoft.ai/events/33089-opec-agrees-to-voluntary-oil-output-cuts-business-and-finance-business-recorder.md) | -10.5% | -5.2% |
| BRENT | 2020-12-03 | [Opec+ agrees output hike from January - Business - DAWN.COM](https://feedsoft.ai/events/49556-opec-agrees-output-hike-from-january-business-dawn-com.md) | +1.7% | +7.3% |

## Sources

- zawya.com: https://www.zawya.com/en/business/commodities/opec-countries-agree-to-raise-oil-output-by-206000-bpd-from-may-352535

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