OPEC in no rush on deeper oil output cut, to look at in July

After 210 past bearish policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.

• Mar 27, 2017OPEC, non-OPEC to look at extending oil-output cut by six months+4.2%
• Mar 9, 2018Opec+ likely to raise July oil output by 188,000 bpd+1.0%
• May 31, 2025Opec+ decided on July output hike to punish over-producers | AGBI+4.9%
• Dec 1, 2020Oil slides as OPEC+ delays decision on output cuts+3.2%
• Nov 1, 2025Oil settles lower as OPEC plans to increase oil output-2.4%

After 215 past bearish policy events, Crude Oil (WTI) moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% over 20.

• Mar 27, 2017OPEC, non-OPEC to look at extending oil-output cut by six months+6.4%
• Mar 9, 2018Opec+ likely to raise July oil output by 188,000 bpd+1.7%
• May 31, 2025Opec+ decided on July output hike to punish over-producers | AGBI+6.2%
• Dec 1, 2020Oil slides as OPEC+ delays decision on output cuts+1.1%
• Nov 1, 2025Oil settles lower as OPEC plans to increase oil output-2.0%