# OPEC won’t react to small, short-lived oil supply disruptions: senior OPEC source | NAI 500

> A senior OPEC source said the group will not raise output in response to small, short-lived supply disruptions from Iran or Venezuela. OPEC would act only if a disruption of about 1 million barrels per day persisted for more than a month. Brent was trading near $67.52 a barrel after political tensions in Iran pushed prices higher.

- Date: 2018-01-09 · published 2018-01-09T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/66899-opec-won-t-react-to-small-short-lived-oil-supply-disruptions-senior-opec-source
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

OPEC's refusal to offset minor outages leaves room for geopolitical risk premiums to lift crude prices, which feeds into energy and freight costs for feed buyers.

## Read by commodity

- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-09-08 | [Explainer: Why isn't oil above $100 despite supply disruptions? \| Reuters](https://feedsoft.ai/events/17662-explainer-why-isn-t-oil-above-100-despite-supply-disruptions-reuters.md) | +12.9% | +11.9% |
| BRENT | 2018-05-09 | [Saudi Arabia will not act alone to fill any Iran oil shortfall: OPEC source](https://feedsoft.ai/events/64941-saudi-arabia-will-not-act-alone-to-fill-any-iran-oil-shortfall-opec-source.md) | +5.6% | -0.3% |
| BRENT | 2026-04-05 | [Opec+ approves ‘in principle’ May output increase amid war-related supply disruptions \| The National](https://feedsoft.ai/events/19610-opec-approves-in-principle-may-output-increase-amid-war-related-supply.md) | -9.7% | -4.1% |
| BRENT | 2026-10-02 | [Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears](https://feedsoft.ai/events/9320-oil-rises-as-mideast-tensions-sustain-supply-disruption-fears.md) | +7.5% | +9.7% |
| BRENT | 2020-02-01 | [Oil Pares Gains as Plentiful Supply Tempers Libya Disruption](https://feedsoft.ai/events/55267-oil-pares-gains-as-plentiful-supply-tempers-libya-disruption.md) | -6.0% | -12.2% |

## Sources

- nai500.com: https://nai500.com/blog/2018/01/opec-wont-react-to-small-short-lived-oil-supply-disruptions-senior-opec-source/

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