# OPEC+ to gradually increase production amid market volatility | Oil & Gas Journal

> OPEC+ members said they would proceed with a plan to unwind 2.2 million bpd of voluntary cuts starting April 1, with the increase subject to pausing or reversal. Crude prices fell, with Brent slipping below $70 a barrel amid US and Chinese tariffs and retaliatory measures.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25491-opec-to-gradually-increase-production-amid-market-volatility-oil-and-gas-journal
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Tariff-driven demand worries combined with a supply increase push crude lower, which affects energy and transport costs in feed supply chains. Retaliatory tariffs on US farm goods also weigh on feed demand.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +6.2% | +7.6% |
| WTI | 2025-10-03 | [OPEC+ agrees to modest oil production increase for November](https://feedsoft.ai/events/22305-opec-agrees-to-modest-oil-production-increase-for-november.md) | +1.7% | +0.1% |
| WTI | 2021-07-18 | [OPEC, allies agree to boost supply, gradually end oil production cuts](https://feedsoft.ai/events/45987-opec-allies-agree-to-boost-supply-gradually-end-oil-production-cuts.md) | +0.6% | -4.7% |
| WTI | 2026-07-05 | [OPEC+ countries agree to increase oil production in August \| AP News](https://feedsoft.ai/events/18250-opec-countries-agree-to-increase-oil-production-in-august-ap-news.md) | +3.9% | +23.4% |
| WTI | 2021-09-01 | [OPEC+ Sticks to Agreed Schedule for Oil-Production Increases](https://feedsoft.ai/events/44983-opec-sticks-to-agreed-schedule-for-oil-production-increases.md) | +1.3% | +9.5% |
| BRENT | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +4.9% | +7.0% |
| BRENT | 2025-10-03 | [OPEC+ agrees to modest oil production increase for November](https://feedsoft.ai/events/22305-opec-agrees-to-modest-oil-production-increase-for-november.md) | +2.2% | +0.4% |
| BRENT | 2021-07-18 | [OPEC, allies agree to boost supply, gradually end oil production cuts](https://feedsoft.ai/events/45987-opec-allies-agree-to-boost-supply-gradually-end-oil-production-cuts.md) | +0.6% | -4.4% |

## Sources

- ogj.com: https://www.ogj.com/general-interest/economics-markets/article/55272181/opec-to-gradually-increase-production-amid-market-volatility

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