OPEC+ agrees to voluntary oil output cuts - Business & Finance

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.

• Jan 3, 2021OPEC ready to adjust oil output increases: Barkindo - Markets - Business Recorder+7.8%
• Aug 3, 2022OPEC+ approves tiny oil output rise in rebuff to Biden - Markets - Business Recorder-4.1%
• Dec 3, 2020Opec+ agrees output hike from January - Business - DAWN.COM+0.5%
• Aug 3, 2022OPEC agrees to produce slightly more oil as recession fears loom | CNN Business-4.1%
• Oct 28, 2026Opec+ agrees in principle to keep oil output targets steady in December, sources say - The Business Times-2.1%

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.

• Jan 3, 2021OPEC ready to adjust oil output increases: Barkindo - Markets - Business Recorder+8.2%
• Aug 3, 2022OPEC+ approves tiny oil output rise in rebuff to Biden - Markets - Business Recorder-3.4%
• Dec 3, 2020Opec+ agrees output hike from January - Business - DAWN.COM+1.7%
• Aug 3, 2022OPEC agrees to produce slightly more oil as recession fears loom | CNN Business-3.4%
• Oct 28, 2026Opec+ agrees in principle to keep oil output targets steady in December, sources say - The Business Times-4.7%