OPEC+ Doesn’t Plan Any Changes to Oil-Output Policy Next Week, Delegates Say

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

• Jan 26, 2026OPEC+ Likely to Stick With Supply Pause in March, Delegates Say - Bloomberg+6.6%
• Jul 18, 2024OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say | Reuters-3.6%
• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.5%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+4.9%
• Jan 29, 2024No changes to oil production policy expected at OPEC+ meeting-6.0%

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

• Jan 26, 2026OPEC+ Likely to Stick With Supply Pause in March, Delegates Say - Bloomberg+6.4%
• Jul 18, 2024OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say | Reuters-6.4%
• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.8%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+3.2%
• Jan 29, 2024No changes to oil production policy expected at OPEC+ meeting-7.3%