OPEC+ sticks to oil policy, repeats could pause Oct hike

After 175 past neutral policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (45% higher; middle half -3.6% to +3.0%), and +0.7% over 20.

• Feb 3, 2025OPEC+ sticks to oil policy, ditches US government data-2.9%
• May 5, 2022OPEC+ sticks to modest oil output hike despite price rally-2.5%
• Dec 2, 2021OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause - TT+9.7%
• Jan 4, 2022OPEC+ sticks to existing production policy for February+3.3%
• Aug 27, 2021OPEC stays the course on output hikes as oil prices rebound+3.6%

After 187 past neutral policy events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.

• Feb 3, 2025OPEC+ sticks to oil policy, ditches US government data-2.1%
• May 5, 2022OPEC+ sticks to modest oil output hike despite price rally-2.1%
• Oct 2, 2024OPEC+ panel sticks to output policy, doubles down on compliance+5.4%
• Dec 2, 2021OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause - TT+10.6%
• Jan 4, 2022OPEC+ sticks to existing production policy for February+2.8%