OPEC+ meets to review compliance with oil cuts - Markets

After 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.

• Sep 17, 2020Oil reverses losses to gain 2% as OPEC urges compliance with production cuts-0.7%
• Nov 1, 2017Brent oil near two-year highs as OPEC's compliance with cuts improves+4.3%
• Aug 17, 2020OPEC+ panel focuses on compliance with oil cuts, calls for 'vigilance'-1.5%
• Jul 31, 2017OPEC set to meet with allies on compliance | The Greater Middle East+0.4%
• Oct 21, 2024Palm opens higher, buoyed by stronger crude, Chicago soyoil - Markets - Business Recorder+4.0%

After 438 past bullish policy events, Crude Oil (WTI) moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Sep 17, 2020Oil reverses losses to gain 2% as OPEC urges compliance with production cuts-0.6%
• Jan 10, 2021OPEC crude output cuts should help US shale profits in 2021 - Markets - Business Recorder+0.2%
• Nov 1, 2017Brent oil near two-year highs as OPEC's compliance with cuts improves+5.2%
• Aug 17, 2020OPEC+ panel focuses on compliance with oil cuts, calls for 'vigilance'+0.7%
• Jul 31, 2017OPEC set to meet with allies on compliance | The Greater Middle East-0.3%