Algeria says OPEC+ decision to keep output unchanged appropriate

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.

• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.5%
• Feb 1, 2024Opec+ committee meeting keeps oil output policy unchanged - The Business Times-2.6%
• Oct 4, 2026OPEC+ agrees to keep November oil output targets steady-0.9%
• Oct 1, 2026OPEC+ agrees to keep November oil output targets steady+2.6%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+4.9%

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.

• Aug 30, 2021OPEC+ likely to keep oil output policy from September unchanged, sources say | Reuters+0.8%
• Feb 1, 2024Opec+ committee meeting keeps oil output policy unchanged - The Business Times-2.6%
• Oct 4, 2026OPEC+ agrees to keep November oil output targets steady+0.8%
• Oct 1, 2026OPEC+ agrees to keep November oil output targets steady-2.3%
• Apr 2, 2024OPEC+ unlikely to change output policy at panel meeting+3.2%