What Is Likely to Happen at Next OPEC Meeting?

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.

• Jul 30, 2024OPEC+ likely to stick to output policy at Aug 1 JMMC meeting-4.3%
• Aug 25, 2017OPEC to Invite Libya, Nigeria to Next JMMC Meeting - SIGNAL+1.3%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+4.9%
• Dec 1, 2019Five things to watch at this week’s Opec meeting+3.1%
• Jun 1, 2023What have OPEC+ producers said ahead of June oil policy meeting?+6.3%

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.

• Jul 30, 2024OPEC+ likely to stick to output policy at Aug 1 JMMC meeting-3.7%
• Aug 25, 2017OPEC to Invite Libya, Nigeria to Next JMMC Meeting - SIGNAL-0.1%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+3.2%
• Jul 18, 2024OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say | Reuters-6.4%
• Jan 29, 2024No changes to oil production policy expected at OPEC+ meeting-7.3%