# OPEC+ promises unity as group plans monitoring meeting | Reuters

> Brent rose about 3% above $78 a barrel after a supply disruption at Libya's top oilfield. Analysts noted that Brent remained well below its September high amid doubts about OPEC+ cohesion.

- Date: 2024-01-03 · published 2024-01-03T12:00:00.000Z
- Category: geopolitics · region Libya · magnitude low
- Page: https://feedsoft.ai/events/32311-opec-promises-unity-as-group-plans-monitoring-meeting-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Doubts about OPEC+ output discipline and a well-supplied market cap crude prices, though supply outages add short-term upside.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-07-05 | [OPEC+ abandons oil policy meeting after Saudi-UAE clash \| Reuters](https://feedsoft.ai/events/46224-opec-abandons-oil-policy-meeting-after-saudi-uae-clash-reuters.md) | -0.6% | +0.2% |
| BRENT | 2023-01-30 | [OPEC+ seen sticking with oil output policy at Feb. 1 meeting - delegates \| Reuters](https://feedsoft.ai/events/37685-opec-seen-sticking-with-oil-output-policy-at-feb-1-meeting-delegates-reuters.md) | -7.7% | -3.8% |
| BRENT | 2026-04-29 | [Reuters reports the UAE plans to exit OPEC on 1 May, highlighting Gulf rifts amid Iran-war energy crisis - VT Markets](https://feedsoft.ai/events/19904-reuters-reports-the-uae-plans-to-exit-opec-on-1-may-highlighting-gulf-rifts.md) | -1.9% | -16.4% |
| BRENT | 2026-01-26 | [OPEC+ set to keep oil production pause for March as prices jump, sources say \| Reuters](https://feedsoft.ai/events/20969-opec-set-to-keep-oil-production-pause-for-march-as-prices-jump-sources-say.md) | +6.6% | +7.8% |
| BRENT | 2026-03-02 | [European markets hurting as Iran war widens \| Reuters](https://feedsoft.ai/events/11002-european-markets-hurting-as-iran-war-widens-reuters.md) | +31.0% | +62.6% |
| WTI | 2021-07-05 | [OPEC+ abandons oil policy meeting after Saudi-UAE clash \| Reuters](https://feedsoft.ai/events/46224-opec-abandons-oil-policy-meeting-after-saudi-uae-clash-reuters.md) | -1.5% | -5.3% |
| WTI | 2023-01-30 | [OPEC+ seen sticking with oil output policy at Feb. 1 meeting - delegates \| Reuters](https://feedsoft.ai/events/37685-opec-seen-sticking-with-oil-output-policy-at-feb-1-meeting-delegates-reuters.md) | -7.9% | -5.2% |
| WTI | 2026-04-29 | [Reuters reports the UAE plans to exit OPEC on 1 May, highlighting Gulf rifts amid Iran-war energy crisis - VT Markets](https://feedsoft.ai/events/19904-reuters-reports-the-uae-plans-to-exit-opec-on-1-may-highlighting-gulf-rifts.md) | +2.2% | -10.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/opec-continue-cooperation-benefit-global-economy-statement-2024-01-03/

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