OPEC supply-cut compliance runs up against ire over country targets

After 187 past neutral policy events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.

• Dec 4, 2022OPEC keeps oil supply cuts amid uncertainty of Russian sanctions - Los Angeles Times-11.1%
• Sep 27, 2024Oil alliance OPEC+ zeroes in on group compliance+8.9%
• Apr 9, 2019With Russia Cold To Cuts And Libya On Fire, OPEC Supply Squeeze May End | Investing.com-1.5%
• Oct 4, 2026OPEC+ agrees to keep November oil output targets steady+0.8%
• Oct 1, 2026OPEC+ agrees to keep November oil output targets steady-2.3%

After 175 past neutral policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (45% higher; middle half -3.6% to +3.0%), and +0.7% over 20.

• Dec 4, 2022OPEC keeps oil supply cuts amid uncertainty of Russian sanctions - Los Angeles Times-11.4%
• Sep 27, 2024Oil alliance OPEC+ zeroes in on group compliance+7.3%
• Apr 9, 2019With Russia Cold To Cuts And Libya On Fire, OPEC Supply Squeeze May End | Investing.com-0.1%
• Oct 4, 2026OPEC+ agrees to keep November oil output targets steady-0.9%
• Oct 1, 2026OPEC+ agrees to keep November oil output targets steady+2.6%