# OPEC+ adopts plan for 2027 baselines ahead of July output hike talks

> OPEC+ adopted a plan to set 2027 production baselines, and the eight members in the process of gradually raising output were due to meet ahead of talks on July output hikes. The delegates said the group would follow the pattern of the May and June increases. The sources spoke on condition of anonymity.

- Date: 2025-05-28 · published 2025-05-28T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/24602-opec-adopts-plan-for-2027-baselines-ahead-of-july-output-hike-talks
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The baseline plan is a longer-term framework, while the near-term signal is that output will continue rising at a steady pace. This keeps the expected supply increase in the market and limits upside for crude prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-06-01 | [Oil better? OPEC+ confirms plan to hike crude output through July \| OPEC News \| Al Jazeera](https://feedsoft.ai/events/46495-oil-better-opec-confirms-plan-to-hike-crude-output-through-july-opec-news-al.md) | +2.4% | +7.5% |
| BRENT | 2025-10-05 | [OPEC+ opts for modest oil output hike as glut fears mount \| Reuters](https://feedsoft.ai/events/22302-opec-opts-for-modest-oil-output-hike-as-glut-fears-mount-reuters.md) | -2.7% | -0.1% |
| BRENT | 2025-03-03 | [OPEC+ to proceed with planned April oil output hike](https://feedsoft.ai/events/25481-opec-to-proceed-with-planned-april-oil-output-hike.md) | -3.4% | +0.3% |
| BRENT | 2025-05-31 | [Opec+ decided on July output hike to punish over-producers \| AGBI](https://feedsoft.ai/events/24131-opec-decided-on-july-output-hike-to-punish-over-producers-agbi.md) | +4.9% | +7.0% |
| BRENT | 2024-09-26 | [OPEC+ set to go ahead with Dec oil output hike, sources say \| Reuters](https://feedsoft.ai/events/28237-opec-set-to-go-ahead-with-dec-oil-output-hike-sources-say-reuters.md) | -0.1% | +0.5% |
| WTI | 2021-06-01 | [Oil better? OPEC+ confirms plan to hike crude output through July \| OPEC News \| Al Jazeera](https://feedsoft.ai/events/46495-oil-better-opec-confirms-plan-to-hike-crude-output-through-july-opec-news-al.md) | +4.4% | +10.0% |
| WTI | 2025-10-05 | [OPEC+ opts for modest oil output hike as glut fears mount \| Reuters](https://feedsoft.ai/events/22302-opec-opts-for-modest-oil-output-hike-as-glut-fears-mount-reuters.md) | -3.1% | +0.2% |
| WTI | 2025-03-03 | [OPEC+ to proceed with planned April oil output hike](https://feedsoft.ai/events/25481-opec-to-proceed-with-planned-april-oil-output-hike.md) | -3.9% | -0.4% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/opec-may-discuss-2027-baselines-agree-july-hike-this-week-sources-say-2025-05-28/

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