# Gulf OPEC producers to raise oil output if there is enough demand - Reuters — Octa

> Reuters, citing OPEC and industry sources, reported Gulf OPEC producers could raise output if demand is sufficient after the US ended Iran sanctions waivers. Sources said Saudi May output is not expected to exceed April levels and any increase would require consultation.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/59505-gulf-opec-producers-to-raise-oil-output-if-there-is-enough-demand-reuters-octa
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Signals that any supply response will be gradual, limiting the downside pressure on crude from a loss of Iranian barrels and keeping energy costs firm.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-09-26 | [OPEC+ is poised to slip further below oil output target \| Reuters](https://feedsoft.ai/events/22774-opec-is-poised-to-slip-further-below-oil-output-target-reuters.md) | -7.4% | -5.4% |
| BRENT | 2022-10-15 | [OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct' \| Reuters](https://feedsoft.ai/events/39062-oapec-sec-gen-says-opec-decision-to-cut-oil-production-correct-reuters.md) | +0.8% | +4.6% |
| BRENT | 2024-12-05 | [Explainer: How are OPEC+ oil producers unwinding their output cuts?](https://feedsoft.ai/events/26875-explainer-how-are-opec-oil-producers-unwinding-their-output-cuts.md) | +0.6% | +4.3% |
| BRENT | 2024-09-05 | [OPEC+ agrees to delay October oil output hike for two months \| Reuters](https://feedsoft.ai/events/28238-opec-agrees-to-delay-october-oil-output-hike-for-two-months-reuters.md) | -4.4% | +1.0% |
| BRENT | 2024-09-04 | [OPEC+ discussing delay to planned oil output hike in October, sources say \| Reuters](https://feedsoft.ai/events/11570-opec-discussing-delay-to-planned-oil-output-hike-in-october-sources-say-reuters.md) | -7.1% | -0.9% |
| WTI | 2025-09-26 | [OPEC+ is poised to slip further below oil output target \| Reuters](https://feedsoft.ai/events/22774-opec-is-poised-to-slip-further-below-oil-output-target-reuters.md) | -6.6% | -4.8% |
| WTI | 2022-10-15 | [OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct' \| Reuters](https://feedsoft.ai/events/39062-oapec-sec-gen-says-opec-decision-to-cut-oil-production-correct-reuters.md) | -0.7% | +3.7% |
| WTI | 2024-12-05 | [Explainer: How are OPEC+ oil producers unwinding their output cuts?](https://feedsoft.ai/events/26875-explainer-how-are-opec-oil-producers-unwinding-their-output-cuts.md) | +2.6% | +8.3% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/693009/

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