# MEED | Opec+ decides to adhere to oil production policy

> The Joint Ministerial Monitoring Committee of OPEC+ reaffirmed its commitment to existing production agreements on February 3. Saudi Arabia and the group are facing pressure from US President Trump to increase output.

- Date: 2025-02-05 · published 2025-02-05T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Analysis of how Saudi and Russian choices could play out does not itself change supply, so the near-term price effect is limited.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-01-29 | [No changes to oil production policy expected at OPEC+ meeting](https://feedsoft.ai/events/32041-no-changes-to-oil-production-policy-expected-at-opec-meeting.md) | -6.0% | -0.7% |
| BRENT | 2026-08-03 | [OPEC 7 Decide to Boost Production Quota \| Rigzone](https://feedsoft.ai/events/17824-opec-7-decide-to-boost-production-quota-rigzone.md) | -8.5% | -4.2% |
| BRENT | 2026-06-08 | [OPEC 7 Decide to Boost Production in July \| Rigzone](https://feedsoft.ai/events/18719-opec-7-decide-to-boost-production-in-july-rigzone.md) | -7.5% | -26.2% |
| BRENT | 2020-12-03 | [Here’s What OPEC And Its Allies Agreed Upon On Oil Production](https://feedsoft.ai/events/49560-here-s-what-opec-and-its-allies-agreed-upon-on-oil-production.md) | +1.7% | +7.3% |
| BRENT | 2022-01-04 | [OPEC+ sticks to existing production policy for February](https://feedsoft.ai/events/43064-opec-sticks-to-existing-production-policy-for-february.md) | +3.3% | +16.7% |
| WTI | 2024-01-29 | [No changes to oil production policy expected at OPEC+ meeting](https://feedsoft.ai/events/32041-no-changes-to-oil-production-policy-expected-at-opec-meeting.md) | -7.3% | -0.1% |
| WTI | 2026-08-03 | [OPEC 7 Decide to Boost Production Quota \| Rigzone](https://feedsoft.ai/events/17824-opec-7-decide-to-boost-production-quota-rigzone.md) | -7.5% | -1.7% |
| WTI | 2026-06-08 | [OPEC 7 Decide to Boost Production in July \| Rigzone](https://feedsoft.ai/events/18719-opec-7-decide-to-boost-production-in-july-rigzone.md) | -6.1% | -25.6% |

## Sources

- meed.com: https://www.meed.com/opec-decides-to-adhere-to-oil-production-policy

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