# OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS

> OPEC+ eight leading members decided to increase oil production by 206,000 bpd in May compared with April levels, according to TASS. The next OPEC+ meeting is scheduled for May 3.

- Date: 2026-04-05 · published 2026-04-05T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The increase is a paper adjustment that adds little physical supply while Hormuz is disrupted. Traders will watch the May 3 meeting for signals on future supply policy.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-02-01 | [OPEC+ monitoring has reviewed crude oil production data for November, December 2023 -  Business & Economy - TASS](https://feedsoft.ai/events/31570-opec-monitoring-has-reviewed-crude-oil-production-data-for-november-december.md) | -2.6% | +3.6% |
| WTI | 2021-01-03 | [OPEC ready to adjust oil output increases: Barkindo - Markets - Business Recorder](https://feedsoft.ai/events/49056-opec-ready-to-adjust-oil-output-increases-barkindo-markets-business-recorder.md) | +7.8% | +10.6% |
| 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 | 2026-04-06 | [OPEC+ countries agree to raise oil output by 206,000 bpd from May \| ZAWYA](https://feedsoft.ai/events/19609-opec-countries-agree-to-raise-oil-output-by-206-000-bpd-from-may-zawya.md) | -13.2% | -7.5% |
| WTI | 2021-12-02 | [Oil prices: OPEC and Russia stick with plans to increase oil output in January \| CNN Business](https://feedsoft.ai/events/43502-oil-prices-opec-and-russia-stick-with-plans-to-increase-oil-output-in-january.md) | +10.6% | +17.4% |
| BRENT | 2024-02-01 | [OPEC+ monitoring has reviewed crude oil production data for November, December 2023 -  Business & Economy - TASS](https://feedsoft.ai/events/31570-opec-monitoring-has-reviewed-crude-oil-production-data-for-november-december.md) | -2.6% | +1.9% |
| BRENT | 2021-01-03 | [OPEC ready to adjust oil output increases: Barkindo - Markets - Business Recorder](https://feedsoft.ai/events/49056-opec-ready-to-adjust-oil-output-increases-barkindo-markets-business-recorder.md) | +8.2% | +7.9% |
| BRENT | 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) | -3.4% | +7.5% |

## Sources

- tass.com: https://tass.com/economy/2112115

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