Eight OPEC+ countries delay planned Oct oil output increase by two months, overproduction compensation schedule confirmed

After 438 past bullish policy events, Crude Oil (WTI) moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Dec 5, 2024OPEC+ members to delay oil production increases+2.6%
• Mar 20, 2025OPEC+ issues new plan for oil cuts to compensate for overproduction | Reuters+3.9%
• Dec 1, 2025OPEC+ ministers, eight OPEC+ countries confirm earlier decisions on production for Q1 2026+2.7%
• Nov 30, 2016Opec countries agree first oil output cut in eight years - BBC News+12.5%
• Sep 5, 2024OPEC+ agrees to delay October oil output hike for two months | Reuters-2.7%

After 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.

• Dec 5, 2024OPEC+ members to delay oil production increases+0.6%
• Mar 20, 2025OPEC+ issues new plan for oil cuts to compensate for overproduction | Reuters+4.0%
• Dec 1, 2025OPEC+ ministers, eight OPEC+ countries confirm earlier decisions on production for Q1 2026+0.7%
• Nov 30, 2016Opec countries agree first oil output cut in eight years - BBC News+16.7%
• Sep 5, 2024OPEC+ agrees to delay October oil output hike for two months | Reuters-4.4%