OPEC+ Leans Toward Proceeding With Output Hike, Delegates Say

After 210 past bearish policy events, BRENT moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.

• Apr 1, 2025OPEC+ likely to proceed with planned May oil output hike, sources say-14.2%
• Mar 3, 2025OPEC+ to proceed with planned April oil output hike-3.4%
• Aug 30, 2024OPEC+ likely to proceed with planned output hike from October, sources say | Reuters-8.9%
• Oct 27, 2025OPEC+ Base Case Scenario Is Small Hike for Now, Delegates Say - Bloomberg-0.9%
• Dec 2, 2021Oil Plunges 4.8% as Russia Is Said to Propose OPEC+ Output Hike - Bloomberg+9.7%

After 215 past bearish policy events, WTI moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% over 20.

• Apr 1, 2025OPEC+ likely to proceed with planned May oil output hike, sources say-15.1%
• Mar 3, 2025OPEC+ to proceed with planned April oil output hike-3.9%
• Aug 30, 2024OPEC+ likely to proceed with planned output hike from October, sources say | Reuters-10.8%
• Oct 27, 2025OPEC+ Base Case Scenario Is Small Hike for Now, Delegates Say - Bloomberg-0.8%
• Dec 2, 2021Oil Plunges 4.8% as Russia Is Said to Propose OPEC+ Output Hike - Bloomberg+10.6%