Opec+ stays the course to bring 400,000 bpd supply to the market in September

After 215 past bearish policy events, Crude Oil (WTI) moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% over 20.

• Jul 18, 2022OPEC+ Agrees to 100,000 bpd Oil Production Increase for September-2.2%
• Jul 18, 2021Opec+ ends deadlock and will boost supply in August | The National+0.6%
• Aug 2, 2026OPEC+ approves 188,000 bpd oil output hike for September amid supply disruptions, fully reverses 2023 output cuts | Mint-7.5%
• Mar 14, 2017Saudi Arabia tells Opec it raised output to 10 million bpd in February | The National-0.3%
• Sep 7, 2025Opec+ agrees another rise in oil output for October | The National+1.3%

After 210 past bearish policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.

• Jul 18, 2022OPEC+ Agrees to 100,000 bpd Oil Production Increase for September-1.5%
• Jul 18, 2021Opec+ ends deadlock and will boost supply in August | The National+0.6%
• Aug 2, 2026OPEC+ approves 188,000 bpd oil output hike for September amid supply disruptions, fully reverses 2023 output cuts | Mint-8.5%
• Mar 14, 2017Saudi Arabia tells Opec it raised output to 10 million bpd in February | The National+0.8%
• Sep 7, 2025Opec+ agrees another rise in oil output for October | The National+3.4%