OPEC+ Set to Hold Output as Oil Hits a Six-Month High

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.

• Nov 1, 2021Oil hits multi-year highs as OPEC+ sticks to output plan-1.4%
• Dec 2, 2020Oil Hits 9-Month High After OPEC+ Agrees to Gradual Output Hike - Bloomberg+3.4%
• Dec 1, 2016Oil soars, Brent hits 16-month high after OPEC output deal | Reuters+6.6%
• Oct 1, 2025Oil settles up after OPEC+ opts for modest output hike-2.2%
• Jun 1, 2021Brent Touches A Three-Month High As OPEC+ Decides To Stick With Output Increases For July+2.4%

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.

• Nov 1, 2021Oil hits multi-year highs as OPEC+ sticks to output plan-2.7%
• Dec 2, 2020Oil Hits 9-Month High After OPEC+ Agrees to Gradual Output Hike - Bloomberg+2.4%
• Dec 1, 2016Oil soars, Brent hits 16-month high after OPEC output deal | Reuters+0.8%
• Feb 1, 2019Oil nudges higher as OPEC reduces output-2.1%
• Oct 1, 2025Oil settles up after OPEC+ opts for modest output hike-1.0%