# Oil Prices Slip as Kurdistan Resumes Crude Exports, OPEC+ Plans Output Hike - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Oil prices slipped on Sept 29 after Iraq's Kurdistan region resumed crude exports via Turkey following a 2.5-year halt, and OPEC+ planned another November output hike. Brent was down 0.6% near $69.70 and WTI about $65.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/23039-oil-prices-slip-as-kurdistan-resumes-crude-exports-opec-plans-output-hike
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Roughly 180,000-230,000 bpd of returning Kurdish supply plus OPEC+ increases add to crude supply, bearish for energy prices and related agricultural input and biofuel costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-10-29 | [Hedge Funds Back Off on Oil as Saudis Signal OPEC to Open Spigot - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/62706-hedge-funds-back-off-on-oil-as-saudis-signal-opec-to-open-spigot-energy-news.md) | -6.6% | -23.8% |
| WTI | 2026-02-01 | [Oil Falls 5% on US-Iran De-Escalation - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/8799-oil-falls-5-on-us-iran-de-escalation-energy-news-top-headlines-commentaries.md) | -1.6% | +9.9% |
| WTI | 2020-09-21 | [Oil Declines on Signs of Libya Restart With Virus Cases Growing - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/51295-oil-declines-on-signs-of-libya-restart-with-virus-cases-growing-energy-news-top.md) | -2.4% | -0.8% |
| WTI | 2025-08-05 | [Oil prices fall as OPEC+ output hikes counter Russia disruption concerns \| Reuters](https://feedsoft.ai/events/23233-oil-prices-fall-as-opec-output-hikes-counter-russia-disruption-concerns-reuters.md) | -3.4% | -1.7% |
| WTI | 2017-08-22 | [As Compliance Slips, OPEC Decides To 'Reconsider' Output Deal \| OilPrice.com](https://feedsoft.ai/events/69356-as-compliance-slips-opec-decides-to-reconsider-output-deal-oilprice-com.md) | -2.0% | +4.5% |
| BRENT | 2018-10-29 | [Hedge Funds Back Off on Oil as Saudis Signal OPEC to Open Spigot - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/62706-hedge-funds-back-off-on-oil-as-saudis-signal-opec-to-open-spigot-energy-news.md) | -7.2% | -24.9% |
| BRENT | 2026-02-01 | [Oil Falls 5% on US-Iran De-Escalation - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/8799-oil-falls-5-on-us-iran-de-escalation-energy-news-top-headlines-commentaries.md) | -3.1% | +0.6% |
| BRENT | 2020-09-21 | [Oil Declines on Signs of Libya Restart With Virus Cases Growing - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/51295-oil-declines-on-signs-of-libya-restart-with-virus-cases-growing-energy-news-top.md) | -2.9% | -1.2% |

## Sources

- energynow.com: https://energynow.com/2025/09/oil-prices-slip-as-kurdistan-resumes-crude-exports-opec-plans-output-hike/

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