# Uncertain about Iranian oil, OPEC+ likely to stick to policy

> OPEC+ is expected to keep its gradual easing of oil supply curbs at its upcoming meeting. The group agreed in April to return 2.1 million bpd from May to July. Its curbs will total 5.8 million bpd as of July, after a record 9.7 million bpd cut last year.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47011-uncertain-about-iranian-oil-opec-likely-to-stick-to-policy
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Continued gradual supply returns add barrels to the market, which weighs on crude prices and diesel costs for feed transport and mixing. Any change to the pace would shift that outlook.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-12-01 | [Oil Surplus Outlook, Uncertain Geopolitics Led OPEC+ to Pause Hikes: Rystad - OPIS, A Dow Jones Company](https://feedsoft.ai/events/21427-oil-surplus-outlook-uncertain-geopolitics-led-opec-to-pause-hikes-rystad-opis-a.md) | +2.7% | -1.1% |
| WTI | 2018-03-09 | [Opec+ likely to raise July oil output by 188,000 bpd](https://feedsoft.ai/events/65930-opec-likely-to-raise-july-oil-output-by-188-000-bpd.md) | +1.7% | +3.2% |
| WTI | 2025-04-01 | [OPEC+ likely to proceed with planned May oil output hike, sources say](https://feedsoft.ai/events/25487-opec-likely-to-proceed-with-planned-may-oil-output-hike-sources-say.md) | -15.1% | -14.5% |
| WTI | 2021-09-01 | [Oil steadies; OPEC+ sticks to gradual output hikes \| Reuters](https://feedsoft.ai/events/44979-oil-steadies-opec-sticks-to-gradual-output-hikes-reuters.md) | +1.3% | +9.5% |
| WTI | 2021-09-01 | [OPEC+ sticks to gradual oil output hikes, ups demand forecast](https://feedsoft.ai/events/44977-opec-sticks-to-gradual-oil-output-hikes-ups-demand-forecast.md) | +1.3% | +9.5% |
| BRENT | 2025-12-01 | [Oil Surplus Outlook, Uncertain Geopolitics Led OPEC+ to Pause Hikes: Rystad - OPIS, A Dow Jones Company](https://feedsoft.ai/events/21427-oil-surplus-outlook-uncertain-geopolitics-led-opec-to-pause-hikes-rystad-opis-a.md) | +0.7% | -1.8% |
| BRENT | 2018-03-09 | [Opec+ likely to raise July oil output by 188,000 bpd](https://feedsoft.ai/events/65930-opec-likely-to-raise-july-oil-output-by-188-000-bpd.md) | +1.0% | +4.8% |
| BRENT | 2025-04-01 | [OPEC+ likely to proceed with planned May oil output hike, sources say](https://feedsoft.ai/events/25487-opec-likely-to-proceed-with-planned-may-oil-output-hike-sources-say.md) | -14.2% | -15.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/uncertain-about-iranian-oil-opec-likely-stick-policy-2021-05-27/

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