Opec’s meeting in Vienna: As it happened

After 438 past bullish policy events, Crude Oil (WTI) moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Dec 1, 2016OPEC meeting in Vienna concludes | Hydrocarbon Engineering+0.8%
• Nov 30, 2019OPEC Oil Output Slips Before Vienna Meeting+3.6%
• Sep 23, 2017Opec and Russia say global oil glut halfway cleared | The National+2.4%
• Jan 4, 2022Oil prices jump as Opec+ agrees to continue output increase in February | The National+2.8%
• Mar 29, 2018Oil prices gain on expectation of continued Opec supply curbs in 2018 | The National-1.2%

After 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.

• Dec 1, 2016OPEC meeting in Vienna concludes | Hydrocarbon Engineering+6.6%
• Nov 30, 2019OPEC Oil Output Slips Before Vienna Meeting+3.1%
• Sep 23, 2017Opec and Russia say global oil glut halfway cleared | The National-0.4%
• Jan 4, 2022Oil prices jump as Opec+ agrees to continue output increase in February | The National+3.3%
• Mar 29, 2018Oil prices gain on expectation of continued Opec supply curbs in 2018 | The National-2.0%