# Oil climbs more than 1% on OPEC action, Ukraine attack

> Oil prices rose more than 1% on December 1 after Ukrainian drone attacks on Russian shadow fleet tankers and the CPC terminal at Novorossiysk. The US also closed Venezuelan airspace, and OPEC+ kept output unchanged for Q1 2026. Brent settled at $63.17 and WTI at $59.32.

- Date: 2025-12-01 · published 2025-12-01T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/21430-oil-climbs-more-than-1-on-opec-action-ukraine-attack
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Attacks on Black Sea export infrastructure and tanker traffic add supply risk, supporting crude prices. Combined with OPEC+ restraint, this tightens the near-term outlook for energy costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-05-27 | [Oil up more than 1% on Mideast tensions and supply cuts](https://feedsoft.ai/events/59236-oil-up-more-than-1-on-mideast-tensions-and-supply-cuts.md) | -8.5% | -1.9% |
| WTI | 2024-11-22 | [Oil gains more than 5% for the week as Ukraine war intensifies](https://feedsoft.ai/events/27588-oil-gains-more-than-5-for-the-week-as-ukraine-war-intensifies.md) | -3.0% | -0.9% |
| WTI | 2025-11-14 | [Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack \| Reuters](https://feedsoft.ai/events/22138-oil-settles-up-more-than-2-as-russian-port-suspends-oil-exports-after-ukrainian.md) | +0.8% | -2.9% |
| WTI | 2019-06-26 | [Trump's sanctions cut more OPEC oil output than OPEC itself \| Reuters](https://feedsoft.ai/events/58530-trump-s-sanctions-cut-more-opec-oil-output-than-opec-itself-reuters.md) | -2.8% | -3.1% |
| WTI | 2022-02-24 | [Oil tops $105/bbl after Russia attacks Ukraine \| Reuters](https://feedsoft.ai/events/42853-oil-tops-105-bbl-after-russia-attacks-ukraine-reuters.md) | +20.2% | +24.7% |
| BRENT | 2019-05-27 | [Oil up more than 1% on Mideast tensions and supply cuts](https://feedsoft.ai/events/59236-oil-up-more-than-1-on-mideast-tensions-and-supply-cuts.md) | -9.0% | -4.9% |
| BRENT | 2024-11-22 | [Oil gains more than 5% for the week as Ukraine war intensifies](https://feedsoft.ai/events/27588-oil-gains-more-than-5-for-the-week-as-ukraine-war-intensifies.md) | -1.7% | -1.8% |
| BRENT | 2025-11-14 | [Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack \| Reuters](https://feedsoft.ai/events/22138-oil-settles-up-more-than-2-as-russian-port-suspends-oil-exports-after-ukrainian.md) | +1.5% | -1.6% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/12/01/oil-rises-on-opec-output-plan-venezuela-worries.html
- reuters.com: https://www.reuters.com/business/energy/oil-rises-after-opec-meeting-maintains-current-output-2025-11-30/

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