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Eight Opec+ countries reaffirmed a decision to pause production increases in February and March 2026 for seasonal reasons. They said 1.65 million bpd of voluntary cuts could be returned gradually depending on market conditions.
The group will meet monthly to review conformity and compensation.
A pause in output increases keeps crude supply tighter than it otherwise would be, which is mildly supportive for energy and diesel prices. The conditional nature of the return limits the near-term price effect.
tradearabia.comMar 9, 2018After 175 past neutral policy events, BRENT moved a median -0.9% over 5 sessions (45% higher; middle half -3.6% to +3.0%), and +0.7% over 20.
After 187 past neutral policy events, WTI moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
