# Oil settles lower as OPEC plans to increase oil output

> Oil settled lower as OPEC+ plans to increase output, with Brent down about 32 cents to $65.62 and WTI down 19 cents to $61.31. Both contracts fell around 1% in early trade.

- Date: 2025-11-01 · published 2025-11-01T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/22562-oil-settles-lower-as-opec-plans-to-increase-oil-output
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

OPEC+ output increases signal ample supply, which pressures crude and diesel prices and lowers energy input costs for feed producers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-12-02 | [OPEC to proceed with plans to increase January oil output](https://feedsoft.ai/events/43503-opec-to-proceed-with-plans-to-increase-january-oil-output.md) | +10.6% | +17.4% |
| WTI | 2019-04-28 | [Global oil prices slip after US demands OPEC to increase output](https://feedsoft.ai/events/8098-global-oil-prices-slip-after-us-demands-opec-to-increase-output.md) | -2.1% | -7.6% |
| WTI | 2021-06-01 | [OPEC+ agrees to continue planned crude output increases](https://feedsoft.ai/events/46499-opec-agrees-to-continue-planned-crude-output-increases.md) | +4.4% | +10.0% |
| WTI | 2024-08-22 | [OPEC⁺ faces moment of truth on planned output increase](https://feedsoft.ai/events/28688-opec-faces-moment-of-truth-on-planned-output-increase.md) | +3.7% | +0.1% |
| WTI | 2026-08-02 | [OPEC, Allies Increase Oil Output for Sixth Time in a Row - WSJ](https://feedsoft.ai/events/17820-opec-allies-increase-oil-output-for-sixth-time-in-a-row-wsj.md) | -7.5% | -1.7% |
| BRENT | 2021-12-02 | [OPEC to proceed with plans to increase January oil output](https://feedsoft.ai/events/43503-opec-to-proceed-with-plans-to-increase-january-oil-output.md) | +9.7% | +14.1% |
| BRENT | 2019-04-28 | [Global oil prices slip after US demands OPEC to increase output](https://feedsoft.ai/events/8098-global-oil-prices-slip-after-us-demands-opec-to-increase-output.md) | -0.3% | -4.5% |
| BRENT | 2021-06-01 | [OPEC+ agrees to continue planned crude output increases](https://feedsoft.ai/events/46499-opec-agrees-to-continue-planned-crude-output-increases.md) | +2.4% | +7.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-prices-rise-after-us-china-reach-trade-deal-framework-2025-10-27/

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