UAE energy minister: no need for early OPEC+ meeting

After 63 past neutral geopolitics events, Crude Oil (Brent) moved a median -0.5% over 5 sessions (44% higher; middle half -4.4% to +2.6%), and -2.7% over 20.

• Nov 30, 202540th OPEC and non-OPEC Ministerial Meeting+0.7%
• Jan 23, 2020Opec+ to discuss all options at March meeting, Saudi energy minister says | The National-4.8%
• Sep 16, 2019OPEC says too early for any action on oil after Saudi attacks+6.6%
• Aug 6, 2025Key Factors Shaping OPEC+ Decisions - Oxford Institute for Energy Studies-2.8%
• Jun 1, 2026OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE+2.9%

After 60 past neutral geopolitics events, Crude Oil (WTI) moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), and -1.9% over 20.

• Nov 30, 202540th OPEC and non-OPEC Ministerial Meeting+2.7%
• Jan 23, 2020Opec+ to discuss all options at March meeting, Saudi energy minister says | The National-6.1%
• Sep 16, 2019OPEC says too early for any action on oil after Saudi attacks+5.8%
• Aug 6, 2025Key Factors Shaping OPEC+ Decisions - Oxford Institute for Energy Studies-3.0%
• Jun 1, 2026OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE+3.5%