# Oil settles lower as investors brace for possible OPEC+ output hike

> Oil prices settled lower on Sept 30 as investors anticipated a supply surplus from a potential larger OPEC+ output hike for November and the resumption of Iraqi Kurdistan exports via Turkey. Brent November futures settled down 1.4% at $67.02 a barrel.

- Date: 2025-10-01 · published 2025-10-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/23036-oil-settles-lower-as-investors-brace-for-possible-opec-output-hike
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expected OPEC+ supply increases and returning Kurdistan barrels add to global crude supply, pressuring energy prices; lower crude weighs on biofuel and fertilizer input costs and feed-related energy costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-01-27 | [Canadian dollar weakens as oil falls, investors brace for Poloz](https://feedsoft.ai/events/73216-canadian-dollar-weakens-as-oil-falls-investors-brace-for-poloz.md) | +0.2% | +1.1% |
| WTI | 2023-08-21 | [Crude oil settles lower as hope fades for Chinese demand](https://feedsoft.ai/events/34761-crude-oil-settles-lower-as-hope-fades-for-chinese-demand.md) | -1.2% | +12.6% |
| WTI | 2025-06-01 | [Oil ends at four-year lows as OPEC+ accelerates output hikes](https://feedsoft.ai/events/24839-oil-ends-at-four-year-lows-as-opec-accelerates-output-hikes.md) | +6.2% | +7.6% |
| WTI | 2018-10-23 | [Canadian dollar shakes off plunge in oil as investors brace for BoC rate hike - The Globe and Mail](https://feedsoft.ai/events/62779-canadian-dollar-shakes-off-plunge-in-oil-as-investors-brace-for-boc-rate-hike.md) | -3.2% | -17.6% |
| WTI | 2023-08-16 | [Oil settles lower as China fears, rate hikes counter tight US supply](https://feedsoft.ai/events/34769-oil-settles-lower-as-china-fears-rate-hikes-counter-tight-us-supply.md) | -0.9% | +9.3% |
| BRENT | 2023-08-21 | [Crude oil settles lower as hope fades for Chinese demand](https://feedsoft.ai/events/34761-crude-oil-settles-lower-as-hope-fades-for-chinese-demand.md) | -0.5% | +11.0% |
| BRENT | 2025-06-01 | [Oil ends at four-year lows as OPEC+ accelerates output hikes](https://feedsoft.ai/events/24839-oil-ends-at-four-year-lows-as-opec-accelerates-output-hikes.md) | +4.9% | +7.0% |
| BRENT | 2023-08-16 | [Oil settles lower as China fears, rate hikes counter tight US supply](https://feedsoft.ai/events/34769-oil-settles-lower-as-china-fears-rate-hikes-counter-tight-us-supply.md) | -1.4% | +8.5% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-falls-opec-plans-further-increase-output-2025-09-30/

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