# Q&A | Decoding OPEC+’s Lower Production Increase for September - Center on Global Energy Policy at Columbia University SIPA | CGEP

> A Columbia University analysis examines OPEC+'s August decision to raise September output by 100,000 barrels per day. The group referenced a lack of spare capacity for the first time in its history. The analysis argues the increase is too small to control prices if demand keeps growing.

- Date: 2022-08-18 · published 2022-08-18T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/39953-q-and-a-decoding-opec-s-lower-production-increase-for-september-center-on
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lack of spare capacity suggests supply will stay constrained, supporting crude and energy-linked costs for feed producers. The analysis is a follow-up to the decision rather than a new supply event.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-02-06 | [Q&A: Repercussions of Saudi Oil Decisions Amid Competing Trump and OPEC+ Priorities - Center on Global Energy Policy at Columbia University SIPA \| CGEP %](https://feedsoft.ai/events/25949-q-and-a-repercussions-of-saudi-oil-decisions-amid-competing-trump-and-opec.md) | +0.8% | -6.1% |
| BRENT | 2022-01-04 | [OPEC+ sticks to existing production policy for February](https://feedsoft.ai/events/43064-opec-sticks-to-existing-production-policy-for-february.md) | +3.3% | +16.7% |
| BRENT | 2022-03-31 | [OPEC votes to stop using IEA production data to assess quota compliance: sources \| S&P Global](https://feedsoft.ai/events/42177-opec-votes-to-stop-using-iea-production-data-to-assess-quota-compliance-sources.md) | -11.9% | -6.8% |
| BRENT | 2022-06-30 | [OPEC+ Ratifies August Oil Production Increase, Leaving Next Move Unresolved - Bloomberg](https://feedsoft.ai/events/40835-opec-ratifies-august-oil-production-increase-leaving-next-move-unresolved.md) | -11.8% | -8.8% |
| BRENT | 2024-01-29 | [No changes to oil production policy expected at OPEC+ meeting](https://feedsoft.ai/events/32041-no-changes-to-oil-production-policy-expected-at-opec-meeting.md) | -6.0% | -0.7% |
| WTI | 2025-02-06 | [Q&A: Repercussions of Saudi Oil Decisions Amid Competing Trump and OPEC+ Priorities - Center on Global Energy Policy at Columbia University SIPA \| CGEP %](https://feedsoft.ai/events/25949-q-and-a-repercussions-of-saudi-oil-decisions-amid-competing-trump-and-opec.md) | +0.5% | -6.6% |
| WTI | 2021-10-05 | [OPEC+ maintains its production policy for November – EnergyScan](https://feedsoft.ai/events/44448-opec-maintains-its-production-policy-for-november-energyscan.md) | +3.8% | +8.3% |
| WTI | 2022-01-04 | [OPEC+ sticks to existing production policy for February](https://feedsoft.ai/events/43064-opec-sticks-to-existing-production-policy-for-february.md) | +2.8% | +16.0% |

## Sources

- energypolicy.columbia.edu: https://www.energypolicy.columbia.edu/publications/qa-decoding-opec-s-lower-production-increase-september/

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