OPEC+ set to keep oil production pause for March as prices jump, sources say

After 626 past bullish geopolitics events, WTI moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Jan 24, 2023OPEC+ Set To Keep Oil Production Unchanged | OilPrice.com-4.5%
• Jun 8, 2020Oil prices top $40 as OPEC+ extends production cuts | Fox Business-8.3%
• Nov 7, 2018Return to oil production cuts in 2019 cannot be ruled out - OPEC sources-10.5%
• Oct 11, 2026Oil Prices Jump 2% on Saudi Attacks as OPEC Sees Demand Rebound+7.5%
• Jun 11, 2025Oil prices jumps 4% to 2-month high as tensions rise in Middle East | Reuters+15.2%

After 656 past bullish geopolitics events, BRENT moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Jan 24, 2023OPEC+ Set To Keep Oil Production Unchanged | OilPrice.com-3.4%
• Jun 8, 2020Oil prices top $40 as OPEC+ extends production cuts | Fox Business-7.2%
• Nov 7, 2018Return to oil production cuts in 2019 cannot be ruled out - OPEC sources-8.3%
• Oct 11, 2026Oil Prices Jump 2% on Saudi Attacks as OPEC Sees Demand Rebound+1.0%
• Jun 11, 2025Oil prices jumps 4% to 2-month high as tensions rise in Middle East | Reuters+14.7%