# Opec+ stays the course to bring 400,000 bpd supply to the market in September | The National

> OPEC+ stayed on its plan to bring 400,000 bpd back to the market in September and did not respond to White House pressure for faster increases. Oil prices fell as the added crude was expected to reach markets soon, with Brent near $71 and WTI near $68.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/44982-opec-stays-the-course-to-bring-400-000-bpd-supply-to-the-market-in-september
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Scheduled supply increases and a sell-off in crude point to lower energy costs ahead. Lower crude weighs on biofuel and freight costs that feed into feed ingredient prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-07-18 | [OPEC+ Agrees to 100,000 bpd Oil Production Increase for September](https://feedsoft.ai/events/40406-opec-agrees-to-100-000-bpd-oil-production-increase-for-september.md) | -2.2% | -5.0% |
| WTI | 2021-07-18 | [Opec+ ends deadlock and will boost supply in August \| The National](https://feedsoft.ai/events/45989-opec-ends-deadlock-and-will-boost-supply-in-august-the-national.md) | +0.6% | -4.7% |
| WTI | 2026-08-02 | [OPEC+ approves 188,000 bpd oil output hike for September amid supply disruptions, fully reverses 2023 output cuts \| Mint](https://feedsoft.ai/events/17822-opec-approves-188-000-bpd-oil-output-hike-for-september-amid-supply-disruptions.md) | -7.5% | -1.7% |
| WTI | 2017-03-14 | [Saudi Arabia tells Opec it raised output to 10 million bpd in February \| The National](https://feedsoft.ai/events/71903-saudi-arabia-tells-opec-it-raised-output-to-10-million-bpd-in-february-the.md) | -0.3% | +10.3% |
| WTI | 2025-09-07 | [Opec+ agrees another rise in oil output for October \| The National](https://feedsoft.ai/events/22772-opec-agrees-another-rise-in-oil-output-for-october-the-national.md) | +1.3% | -1.1% |
| BRENT | 2022-07-18 | [OPEC+ Agrees to 100,000 bpd Oil Production Increase for September](https://feedsoft.ai/events/40406-opec-agrees-to-100-000-bpd-oil-production-increase-for-september.md) | -1.5% | -5.3% |
| BRENT | 2021-07-18 | [Opec+ ends deadlock and will boost supply in August \| The National](https://feedsoft.ai/events/45989-opec-ends-deadlock-and-will-boost-supply-in-august-the-national.md) | +0.6% | -4.4% |
| BRENT | 2026-08-02 | [OPEC+ approves 188,000 bpd oil output hike for September amid supply disruptions, fully reverses 2023 output cuts \| Mint](https://feedsoft.ai/events/17822-opec-approves-188-000-bpd-oil-output-hike-for-september-amid-supply-disruptions.md) | -8.5% | -4.2% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/energy/2021/09/01/opec-stays-on-course-to-bring-400000-bpd-supply-to-the-market-in-september/

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