OPEC+ Agrees On Modest Oil Output Hike In June

After 844 past policy events, Crude Oil (WTI) moved a median +0.6% over 5 sessions (56% higher; middle half -3.0% to +4.1%), and +1.4% over 20.

• Jun 22, 2018Oil jumps as OPEC agrees to modest output hikes - The Globe and Mail+11.9%
• Oct 1, 2025Oil settles up after OPEC+ opts for modest output hike-1.0%
• Oct 5, 2025OPEC+ opts for modest oil output hike as glut fears mount | Reuters-3.1%
• Mar 1, 2026OPEC+ agrees modest oil output boost even as US war on Iran disrupts shipments+35.6%
• May 5, 2022OPEC+ sticks to modest oil output hike despite price rally-2.1%

After 833 past policy events, Crude Oil (Brent) moved a median +0.6% over 5 sessions (54% higher; middle half -3.3% to +3.7%), and +1.3% over 20.

• Jun 22, 2018Oil jumps as OPEC agrees to modest output hikes - The Globe and Mail+5.6%
• Oct 1, 2025Oil settles up after OPEC+ opts for modest output hike-2.2%
• Oct 5, 2025OPEC+ opts for modest oil output hike as glut fears mount | Reuters-2.7%
• Mar 1, 2026OPEC+ agrees modest oil output boost even as US war on Iran disrupts shipments+31.0%
• May 5, 2022OPEC+ sticks to modest oil output hike despite price rally-2.5%

After 157 past policy events, ULSD / Diesel moved a median +0.4% over 5 sessions (53% higher; middle half -4.4% to +3.3%), and -0.7% over 20.

• Sep 5, 2024OPEC+ agrees to delay October oil output hike for two months | Reuters-2.7%
• Oct 4, 2026OPEC+ agrees to keep November oil output targets steady+5.2%
• May 1, 2023OPEC+ announces surprise oil output cuts-2.3%
• Oct 7, 2022Oil jumps 4% to 5-week high lifted by OPEC+ output cut+9.0%
• Jun 1, 2021Brent Touches A Three-Month High As OPEC+ Decides To Stick With Output Increases For July+3.6%