Opec set for annual meeting to discuss next phase of oil production policy

After 63 past neutral geopolitics events, Crude Oil (Brent) moved a median -0.5% over 5 sessions (44% higher; middle half -4.4% to +2.6%), and -2.7% over 20.

• Jan 23, 2020Opec+ to discuss all options at March meeting, Saudi energy minister says | The National-4.8%
• Nov 28, 2024OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources+0.2%
• Jan 30, 2023Putin, MBS Discuss Oil Strategy Ahead Of OPEC+ Meeting | OilPrice.com-7.7%
• Nov 22, 2021OPEC considers lowering production to account for oil reserve releases-8.8%
• Sep 16, 2019OPEC says too early for any action on oil after Saudi attacks+6.6%

After 60 past neutral geopolitics events, Crude Oil (WTI) moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), and -1.9% over 20.

• Jan 23, 2020Opec+ to discuss all options at March meeting, Saudi energy minister says | The National-6.1%
• Nov 28, 2024OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources-0.6%
• Jan 30, 2023Putin, MBS Discuss Oil Strategy Ahead Of OPEC+ Meeting | OilPrice.com-7.9%
• Nov 22, 2021OPEC considers lowering production to account for oil reserve releases-8.2%
• Sep 16, 2019OPEC says too early for any action on oil after Saudi attacks+5.8%