# OPEC+ Base Case Scenario Is Small Hike for Now, Delegates Say - Bloomberg

> Two OPEC+ delegates said a third monthly increase of 137,000 bpd for December is the base case for a video conference on 2 November. The group is restoring 1.66 million bpd in monthly stages to regain market share.

- Date: 2025-10-27 · published 2025-10-27T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/22307-opec-base-case-scenario-is-small-hike-for-now-delegates-say-bloomberg
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expectations of continued monthly hikes reinforce the outlook for ample supply and bearish crude pressure. The modest size of the step suggests the group is limiting price risk.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-08-30 | [OPEC+ Leans Toward Proceeding With Output Hike, Delegates Say - Bloomberg](https://feedsoft.ai/events/28684-opec-leans-toward-proceeding-with-output-hike-delegates-say-bloomberg.md) | -8.9% | -10.4% |
| BRENT | 2026-03-01 | [OPEC+ to Weigh Bigger Hike After Iran Strike, Delegates Say](https://feedsoft.ai/events/20514-opec-to-weigh-bigger-hike-after-iran-strike-delegates-say.md) | +31.0% | +62.6% |
| BRENT | 2021-12-02 | [Oil Plunges 4.8% as Russia Is Said to Propose OPEC+ Output Hike - Bloomberg](https://feedsoft.ai/events/6306-oil-plunges-4-8-as-russia-is-said-to-propose-opec-output-hike-bloomberg.md) | +9.7% | +14.1% |
| BRENT | 2025-02-17 | [OPEC+ is not considering delay to April oil supply hike, Novak says](https://feedsoft.ai/events/25943-opec-is-not-considering-delay-to-april-oil-supply-hike-novak-says.md) | -0.4% | -4.9% |
| BRENT | 2018-06-23 | [OPEC+ Agrees to Oil-Supply Boost in Victory for Saudis, Russia - Bloomberg](https://feedsoft.ai/events/64447-opec-agrees-to-oil-supply-boost-in-victory-for-saudis-russia-bloomberg.md) | +5.1% | -2.8% |
| WTI | 2024-08-30 | [OPEC+ Leans Toward Proceeding With Output Hike, Delegates Say - Bloomberg](https://feedsoft.ai/events/28684-opec-leans-toward-proceeding-with-output-hike-delegates-say-bloomberg.md) | -10.8% | -10.5% |
| WTI | 2026-03-01 | [OPEC+ to Weigh Bigger Hike After Iran Strike, Delegates Say](https://feedsoft.ai/events/20514-opec-to-weigh-bigger-hike-after-iran-strike-delegates-say.md) | +35.6% | +50.4% |
| WTI | 2021-12-02 | [Oil Plunges 4.8% as Russia Is Said to Propose OPEC+ Output Hike - Bloomberg](https://feedsoft.ai/events/6306-oil-plunges-4-8-as-russia-is-said-to-propose-opec-output-hike-bloomberg.md) | +10.6% | +17.4% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-10-27/opec-base-case-scenario-is-small-hike-for-now-delegates-say

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