Oil ends at four-year lows as OPEC+ accelerates output hikes

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• May 5, 2025Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes+4.6%
• Oct 1, 2025Oil settles lower as investors brace for possible OPEC+ output hike-1.0%
• Feb 26, 2020Oil extends losses as coronavirus outbreak accelerates outside China | S&P Global-5.2%
• Apr 4, 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-10.2%
• Sep 29, 2025Oil Drops as Iraq Resumes Kurdish Exports, OPEC+ Eyes Output Hike-7.3%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• May 5, 2025Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes+4.3%
• Oct 1, 2025Oil settles lower as investors brace for possible OPEC+ output hike-2.2%
• Feb 26, 2020Oil extends losses as coronavirus outbreak accelerates outside China | S&P Global-5.6%
• Apr 4, 2025Oil falls to near 4-year low amid recession fears, OPEC+ production hikes-9.8%
• Sep 29, 2025Oil Drops as Iraq Resumes Kurdish Exports, OPEC+ Eyes Output Hike-7.5%