# OPEC+ holds oil output steady, agrees capacity mechanism | Reuters

> OPEC+ kept oil output targets unchanged at its weekend meetings, with about 3.24 million bpd of voluntary cuts still in place. The group also approved a mechanism to assess members' maximum production capacity.

- Date: 2025-11-29 · published 2025-11-29T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/21870-opec-holds-oil-output-steady-agrees-capacity-mechanism-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Unchanged output targets limit additional supply growth, which can support crude prices against surplus expectations. Diesel and feed-related energy costs may firm modestly if crude holds up.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-05 | [OPEC+ agrees to boost oil output when Strait of Hormuz reopens \| Reuters](https://feedsoft.ai/events/19607-opec-agrees-to-boost-oil-output-when-strait-of-hormuz-reopens-reuters.md) | -9.7% | -4.1% |
| BRENT | 2025-11-30 | [OPEC+ Holds Output Steady, Approves New Capacity Framework Through 2026 \| OilPrice.com](https://feedsoft.ai/events/21875-opec-holds-output-steady-approves-new-capacity-framework-through-2026-oilprice.md) | +0.7% | -1.8% |
| BRENT | 2026-05-04 | [OPEC+ crude output boost is symbolic, but it still matters \| Reuters](https://feedsoft.ai/events/19148-opec-crude-output-boost-is-symbolic-but-it-still-matters-reuters.md) | -9.5% | -14.6% |
| BRENT | 2026-03-02 | [Forget OPEC+ output hike. Duration of Hormuz disruption is what matters \| Reuters](https://feedsoft.ai/events/20081-forget-opec-output-hike-duration-of-hormuz-disruption-is-what-matters-reuters.md) | +31.0% | +62.6% |
| 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% |
| WTI | 2026-04-05 | [OPEC+ agrees to boost oil output when Strait of Hormuz reopens \| Reuters](https://feedsoft.ai/events/19607-opec-agrees-to-boost-oil-output-when-strait-of-hormuz-reopens-reuters.md) | -13.2% | -7.5% |
| WTI | 2025-11-30 | [OPEC+ Holds Output Steady, Approves New Capacity Framework Through 2026 \| OilPrice.com](https://feedsoft.ai/events/21875-opec-holds-output-steady-approves-new-capacity-framework-through-2026-oilprice.md) | +2.7% | -1.1% |
| WTI | 2026-05-04 | [OPEC+ crude output boost is symbolic, but it still matters \| Reuters](https://feedsoft.ai/events/19148-opec-crude-output-boost-is-symbolic-but-it-still-matters-reuters.md) | -6.3% | -9.2% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/opec-set-hold-oil-output-policy-steady-sunday-sources-say-2025-11-29/

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