Saudi Arabia tells Opec it raised output to 10 million bpd in February

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.

• Sep 7, 2025Opec+ agrees another rise in oil output for October | The National+3.4%
• Aug 1, 2020What to expect as Opec+ tapers its historic output deal | The National+2.4%
• Mar 31, 2022Opec+ sticks to output rise plans for May as US announces release of record oil reserves | The National-11.9%
• Sep 1, 2021Opec+ stays the course to bring 400,000 bpd supply to the market in September | The National-2.2%
• May 25, 2017Opec, non-Opec producers roll over output restraint deal for nine months to curb glut | The National-7.0%

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.

• Sep 7, 2025Opec+ agrees another rise in oil output for October | The National+1.3%
• Aug 1, 2020What to expect as Opec+ tapers its historic output deal | The National+2.5%
• Mar 31, 2022Opec+ sticks to output rise plans for May as US announces release of record oil reserves | The National-10.6%
• Sep 1, 2021Opec+ stays the course to bring 400,000 bpd supply to the market in September | The National+1.3%
• May 25, 2017Opec, non-Opec producers roll over output restraint deal for nine months to curb glut | The National-5.4%