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OPEC+ confirmed a three-month pause in production increases for the first quarter of 2026, reflecting expected weaker seasonal demand. The group also approved a capacity review mechanism to help set 2027 quotas, with DeGolyer and MacNaughton selected for most assessments.
Analysts expect a significant surplus in early 2026 despite the pause, which points to continued pressure on crude prices. Lower energy prices reduce input costs for feed manufacturers and grain transport.
worldoil.comSalma El Wardany, Grant Smith, Fiona MacDonald, Ben BartensteinNov 28, 2025After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
