# OPEC+ technical panel to meet Feb 4-5 to discuss coronavirus impact: sources

> An OPEC+ technical committee scheduled a meeting for February 4-5 in Vienna to assess the impact of China's coronavirus outbreak. The panel was expected to recommend either extending current curbs beyond March or deepening output cuts.

- Date: 2020-02-02 · published 2020-02-02T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/54530-opec-technical-panel-to-meet-feb-4-5-to-discuss-coronavirus-impact-sources
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The meeting outcome determines whether crude supply tightens, which affects energy costs for feed logistics. The item itself signals possible cuts but does not confirm them.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-02-06 | [Russia drags its feet on deeper oil output cuts sought by OPEC+ \| Coronavirus pandemic \| Al Jazeera](https://feedsoft.ai/events/54531-russia-drags-its-feet-on-deeper-oil-output-cuts-sought-by-opec-coronavirus.md) | +0.6% | -9.7% |
| WTI | 2025-01-31 | [OPEC+ Unlikely to Change Output Policy When Panel Meets on Monday, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/26424-opec-unlikely-to-change-output-policy-when-panel-meets-on-monday-sources-say.md) | -2.9% | -4.2% |
| WTI | 2024-04-02 | [OPEC+ unlikely to change output policy at panel meeting](https://feedsoft.ai/events/30643-opec-unlikely-to-change-output-policy-at-panel-meeting.md) | +3.2% | -0.7% |
| WTI | 2022-03-31 | [OPEC votes to stop using IEA production data to assess quota compliance: sources \| S&P Global](https://feedsoft.ai/events/42177-opec-votes-to-stop-using-iea-production-data-to-assess-quota-compliance-sources.md) | -10.6% | -2.2% |
| WTI | 2024-10-02 | [OPEC+ panel sticks to output policy, doubles down on compliance](https://feedsoft.ai/events/27767-opec-panel-sticks-to-output-policy-doubles-down-on-compliance.md) | +5.4% | -4.0% |
| BRENT | 2020-02-06 | [Russia drags its feet on deeper oil output cuts sought by OPEC+ \| Coronavirus pandemic \| Al Jazeera](https://feedsoft.ai/events/54531-russia-drags-its-feet-on-deeper-oil-output-cuts-sought-by-opec-coronavirus.md) | +0.6% | -6.9% |
| BRENT | 2025-01-31 | [OPEC+ Unlikely to Change Output Policy When Panel Meets on Monday, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/26424-opec-unlikely-to-change-output-policy-when-panel-meets-on-monday-sources-say.md) | -3.5% | -3.4% |
| BRENT | 2024-04-02 | [OPEC+ unlikely to change output policy at panel meeting](https://feedsoft.ai/events/30643-opec-unlikely-to-change-output-policy-at-panel-meeting.md) | +4.9% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/article/us-oil-opec-meeting/opec-technical-panel-to-meet-feb-4-5-to-discuss-coronavirus-impact-sources-idUSKBN1ZW0GK/

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