# UAE energy minister: no need for early OPEC+ meeting

> The UAE energy minister said an early OPEC+ meeting was unnecessary. Brent had settled over 2% higher on Russia's output cut news and traded near $86 a barrel.

- Date: 2023-02-13 · published 2023-02-13T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/37490-uae-energy-minister-no-need-for-early-opec-meeting
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

OPEC+ holding its schedule signals steady supply, limiting upside in crude that feeds into diesel and fertilizer costs.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-11-30 | [40th OPEC and non-OPEC Ministerial Meeting](https://feedsoft.ai/events/21869-40th-opec-and-non-opec-ministerial-meeting.md) | +0.7% | -1.8% |
| BRENT | 2020-01-23 | [Opec+  to discuss all options at March meeting, Saudi energy minister says \| The National](https://feedsoft.ai/events/54973-opec-to-discuss-all-options-at-march-meeting-saudi-energy-minister-says-the.md) | -4.8% | -5.2% |
| BRENT | 2019-09-16 | [OPEC says too early for any action on oil after Saudi attacks](https://feedsoft.ai/events/57001-opec-says-too-early-for-any-action-on-oil-after-saudi-attacks.md) | +6.6% | -0.3% |
| BRENT | 2025-08-06 | [Key Factors Shaping OPEC+ Decisions - Oxford Institute for Energy Studies](https://feedsoft.ai/events/23232-key-factors-shaping-opec-decisions-oxford-institute-for-energy-studies.md) | -2.8% | +0.3% |
| BRENT | 2026-06-01 | [OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE](https://feedsoft.ai/events/19151-opec-announces-188-000-barrels-per-day-output-increase-in-first-meeting-without.md) | +2.9% | -23.1% |
| WTI | 2025-11-30 | [40th OPEC and non-OPEC Ministerial Meeting](https://feedsoft.ai/events/21869-40th-opec-and-non-opec-ministerial-meeting.md) | +2.7% | -1.1% |
| WTI | 2020-01-23 | [Opec+  to discuss all options at March meeting, Saudi energy minister says \| The National](https://feedsoft.ai/events/54973-opec-to-discuss-all-options-at-march-meeting-saudi-energy-minister-says-the.md) | -6.1% | -5.3% |
| WTI | 2019-09-16 | [OPEC says too early for any action on oil after Saudi attacks](https://feedsoft.ai/events/57001-opec-says-too-early-for-any-action-on-oil-after-saudi-attacks.md) | +5.8% | -0.1% |

## Sources

- reuters.com: https://www.reuters.com/world/middle-east/uae-energy-minister-no-need-early-opec-meeting-2023-02-13/

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