# OPEC+ likely to proceed with planned May oil output hike, sources say

> Four sources told Reuters that OPEC+ will likely raise oil output again in May, a second consecutive monthly increase. The group is also planning to force some members to cut output to compensate for past overproduction.

- Date: 2025-04-01 · published 2025-04-01T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25487-opec-likely-to-proceed-with-planned-may-oil-output-hike-sources-say
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expected continued supply growth is bearish for crude, though compensation cuts partly offset the increase. Crude direction feeds into diesel, fertilizer and freight costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-08-30 | [OPEC+ likely to proceed with planned output hike from October, sources say \| Reuters](https://feedsoft.ai/events/28683-opec-likely-to-proceed-with-planned-output-hike-from-october-sources-say-reuters.md) | -10.8% | -10.5% |
| 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% |
| WTI | 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) | +0.5% | +1.4% |
| WTI | 2026-04-29 | [EXCLUSIVE: OPEC+ likely to agree another oil output hike without UAE, sources say \| Reuters](https://feedsoft.ai/events/19608-exclusive-opec-likely-to-agree-another-oil-output-hike-without-uae-sources-say.md) | +2.2% | -10.9% |
| WTI | 2021-12-02 | [OPEC to proceed with plans to increase January oil output](https://feedsoft.ai/events/43503-opec-to-proceed-with-plans-to-increase-january-oil-output.md) | +10.6% | +17.4% |
| BRENT | 2024-08-30 | [OPEC+ likely to proceed with planned output hike from October, sources say \| Reuters](https://feedsoft.ai/events/28683-opec-likely-to-proceed-with-planned-output-hike-from-october-sources-say-reuters.md) | -8.9% | -10.4% |
| 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 | 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% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/opec-likely-proceed-with-planned-may-oil-output-hike-sources-say-2025-03-24/

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