# OPEC+ plays waiting game amid abnormal crude oil times - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Reuters columnist Clyde Russell says OPEC+ kept its plan for modest monthly output increases, with the May rise of about 432,000 bpd mainly reflecting baseline recalculations. He notes uncertainty from the US strategic reserve release, potential Russian supply losses and Chinese COVID lockdowns.

- Date: 2022-04-01 · published 2022-04-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41752-opec-plays-waiting-game-amid-abnormal-crude-oil-times-energy-news-top-headlines
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Market commentary frames OPEC+ inaction as leaving crude tight, which keeps energy and diesel costs elevated for feed transport and processing.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- energynow.com: https://energynow.com/2022/04/opec-plays-waiting-game-amid-abnormal-crude-oil-times/

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