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OPEC+ agreed to raise production by a further 137,000 bpd in November. That would bring total targeted increases since April to more than 2.7 million bpd.
The article describes the group's shrinking capacity to absorb supply shocks.
Less spare capacity means the market has fewer buffers against supply disruptions, but the added barrels still point to weaker prices near term. Price risk is two-sided as surplus pressure competes with reduced buffers.
reuters.comRon BoussoOct 5, 2025After 210 past bearish policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.
After 215 past bearish policy events, Crude Oil (WTI) moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% 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.
