# OPEC+ monitoring has reviewed crude oil production data for November, December 2023 -  Business & Economy - TASS

> The OPEC+ Joint Ministerial Monitoring Committee reviewed crude output data for November and December 2023 and noted high conformity by members. The next committee meeting is scheduled for April 3, 2024, and no change to production plans was reviewed.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/31570-opec-monitoring-has-reviewed-crude-oil-production-data-for-november-december
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

With no change to output plans and high compliance, existing cuts stay in place, which is mildly supportive for crude. The next meeting in April will be the next catalyst.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -9.7% | -4.1% |
| BRENT | 2026-10-05 | [OPEC 7 Reveal Production Plan for November](https://feedsoft.ai/events/17058-opec-7-reveal-production-plan-for-november.md) | -0.9% | +2.2% |
| BRENT | 2017-11-30 | [Saudi Arabia joins OPEC+ ministerial monitoring committee -  Business & Economy - TASS](https://feedsoft.ai/events/67895-saudi-arabia-joins-opec-ministerial-monitoring-committee-business-and-economy.md) | -2.7% | +5.3% |
| BRENT | 2024-10-02 | [OPEC+ Makes No Changes to Plans for Reviving Oil Production \| Financial Post](https://feedsoft.ai/events/27769-opec-makes-no-changes-to-plans-for-reviving-oil-production-financial-post.md) | +4.4% | -4.5% |
| BRENT | 2022-08-03 | [OPEC agrees to produce slightly more oil as recession fears loom \| CNN Business](https://feedsoft.ai/events/39949-opec-agrees-to-produce-slightly-more-oil-as-recession-fears-loom-cnn-business.md) | -3.4% | -4.0% |
| WTI | 2026-04-05 | [OPEC+ to increase oil production by 206,000 bpd in May -  Business & Economy - TASS](https://feedsoft.ai/events/19614-opec-to-increase-oil-production-by-206-000-bpd-in-may-business-and-economy-tass.md) | -13.2% | -7.5% |
| WTI | 2026-10-05 | [OPEC 7 Reveal Production Plan for November](https://feedsoft.ai/events/17058-opec-7-reveal-production-plan-for-november.md) | +0.8% | +8.4% |
| WTI | 2024-10-02 | [OPEC+ Makes No Changes to Plans for Reviving Oil Production \| Financial Post](https://feedsoft.ai/events/27769-opec-makes-no-changes-to-plans-for-reviving-oil-production-financial-post.md) | +5.4% | -4.0% |

## Sources

- tass.com: https://tass.com/economy/1740413

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.