OPEC+ set to make another accelerated oil output hike for August, sources say

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.

• Sep 26, 2024OPEC+ set to go ahead with Dec oil output hike, sources say | Reuters+0.5%
• May 4, 2025EXCLUSIVE: OPEC+ to further speed up oil output hikes, sources say | Reuters+4.6%
• Apr 29, 2026EXCLUSIVE: OPEC+ likely to agree another oil output hike without UAE, sources say | Reuters+2.2%
• Sep 28, 2025EXCLUSIVE: OPEC+ plans another oil output hike in November, sources say | Reuters-7.3%
• Aug 30, 2024OPEC+ likely to proceed with planned output hike from October, sources say | Reuters-10.8%

After 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.

• Sep 26, 2024OPEC+ set to go ahead with Dec oil output hike, sources say | Reuters-0.1%
• May 4, 2025EXCLUSIVE: OPEC+ to further speed up oil output hikes, sources say | Reuters+4.3%
• Apr 29, 2026EXCLUSIVE: OPEC+ likely to agree another oil output hike without UAE, sources say | Reuters-1.9%
• Sep 28, 2025EXCLUSIVE: OPEC+ plans another oil output hike in November, sources say | Reuters-7.5%
• Aug 30, 2024OPEC+ likely to proceed with planned output hike from October, sources say | Reuters-8.9%