# Saudis: OPEC May Discuss Deeper Cuts In November | OilPrice.com

> Saudi Energy Minister Khalid al-Falih said OPEC and non-OPEC producers may consider deeper cuts at the November meeting in Vienna. He added that nothing is up for discussion now and that the focus is on compliance with the current deal.

- Date: 2017-06-02 · published 2017-06-02T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/70395-saudis-opec-may-discuss-deeper-cuts-in-november-oilprice-com
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Talk of deeper cuts offers some support to crude prices, but no decision has been made. The market is likely to treat this as a conditional signal rather than a supply change.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2017-05-28 | [Vienna Was A Bust: What’s Next For OPEC? \| OilPrice.com](https://feedsoft.ai/events/71158-vienna-was-a-bust-what-s-next-for-opec-oilprice-com.md) | -4.5% | -12.9% |
| BRENT | 2019-06-20 | [Gulf OPEC Producers to Keep July Production Within Current Deal   \| OilPrice.com](https://feedsoft.ai/events/58531-gulf-opec-producers-to-keep-july-production-within-current-deal-oilprice-com.md) | +7.0% | +2.1% |
| BRENT | 2026-10-04 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17059-opec-agrees-to-keep-november-oil-output-targets-steady.md) | -0.9% | +2.2% |
| BRENT | 2026-10-01 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17056-opec-agrees-to-keep-november-oil-output-targets-steady.md) | +2.6% | +8.8% |
| BRENT | 2026-10-05 | [OPEC+ Holds November Quota at 31.01 Million Barrels Daily \| Investing.com](https://feedsoft.ai/events/17060-opec-holds-november-quota-at-31-01-million-barrels-daily-investing-com.md) | -0.9% | +2.2% |
| WTI | 2017-05-28 | [Vienna Was A Bust: What’s Next For OPEC? \| OilPrice.com](https://feedsoft.ai/events/71158-vienna-was-a-bust-what-s-next-for-opec-oilprice-com.md) | -4.5% | -12.8% |
| WTI | 2019-06-20 | [Gulf OPEC Producers to Keep July Production Within Current Deal   \| OilPrice.com](https://feedsoft.ai/events/58531-gulf-opec-producers-to-keep-july-production-within-current-deal-oilprice-com.md) | +10.2% | +2.6% |
| WTI | 2026-10-01 | [OPEC+ agrees to keep November oil output targets steady](https://feedsoft.ai/events/17056-opec-agrees-to-keep-november-oil-output-targets-steady.md) | -2.3% | +8.7% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Oil-Prices/Saudis-OPEC-May-Discuss-Deeper-Cuts-In-November.html

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