# OPEC+ is not considering delay to April oil supply hike, Novak says

> OPEC+ Energy Minister Novak said the group is not considering a delay to the planned April oil supply increase. The increase builds on the unwinding of 2.2 million bpd of voluntary cuts.

- Date: 2025-02-17 · published 2025-02-17T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25943-opec-is-not-considering-delay-to-april-oil-supply-hike-novak-says
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Confirmation that supply will rise as scheduled points to looser crude balances, which is mildly bearish for oil and weighs on biofuel and energy-linked feedstock costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-31 | [OPEC+ Sticks To Modest Oil Production Hike Despite Calls For More Supply](https://feedsoft.ai/events/42180-opec-sticks-to-modest-oil-production-hike-despite-calls-for-more-supply.md) | -11.9% | -6.8% |
| BRENT | 2026-02-25 | [EXCLUSIVE: OPEC+ to consider 137,000 bpd oil output increase for April, sources say \| Reuters](https://feedsoft.ai/events/20512-exclusive-opec-to-consider-137-000-bpd-oil-output-increase-for-april-sources.md) | +16.0% | +49.9% |
| 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 | 2026-03-01 | [OPEC+ to Weigh Bigger Hike After Iran Strike, Delegates Say](https://feedsoft.ai/events/20514-opec-to-weigh-bigger-hike-after-iran-strike-delegates-say.md) | +31.0% | +62.6% |
| BRENT | 2021-04-01 | [OPEC+ Shows Confidence in Economic Recovery With Oil-Supply Hike - Bloomberg](https://feedsoft.ai/events/47505-opec-shows-confidence-in-economic-recovery-with-oil-supply-hike-bloomberg.md) | -1.4% | +7.7% |
| WTI | 2022-03-31 | [OPEC+ Sticks To Modest Oil Production Hike Despite Calls For More Supply](https://feedsoft.ai/events/42180-opec-sticks-to-modest-oil-production-hike-despite-calls-for-more-supply.md) | -10.6% | -2.2% |
| WTI | 2026-02-25 | [EXCLUSIVE: OPEC+ to consider 137,000 bpd oil output increase for April, sources say \| Reuters](https://feedsoft.ai/events/20512-exclusive-opec-to-consider-137-000-bpd-oil-output-increase-for-april-sources.md) | +13.5% | +41.6% |
| 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-is-not-considering-delay-april-oil-supply-hike-novak-says-2025-02-17/

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