Brent crude jumps $5/bbl after output cuts; stocks rise

After 442 past bullish policy events, 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, 2025Brent Jumps After OPEC+ Keeps Output Unchanged+0.7%
• Apr 2, 2023Goldman Sachs raises Brent oil price forecasts after OPEC+ output cuts+7.4%
• Feb 1, 2017Arab News | Crude prices rise as OPEC cuts output as promised-1.9%
• Jun 5, 2023Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts-1.7%
• Nov 30, 2016US crude settles up 9.3 percent after OPEC finalizes output cut deal+16.7%

After 438 past bullish policy events, 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, 2025Brent Jumps After OPEC+ Keeps Output Unchanged+2.7%
• Feb 1, 2017Arab News | Crude prices rise as OPEC cuts output as promised-1.1%
• Jun 5, 2023Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts-2.2%
• Nov 30, 2016US crude settles up 9.3 percent after OPEC finalizes output cut deal+12.5%
• Apr 2, 2023Oil prices surge after surprise move to cut output+5.4%

After 90 past bullish policy events, DIESEL moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% over 20.

• Apr 2, 2023Goldman Sachs raises Brent oil price forecasts after OPEC+ output cuts+2.0%
• Apr 2, 2023Oil prices surge after surprise move to cut output+2.0%
• Oct 30, 2017US crude rises 0.5% to settle at $54.15 a barrel on expected output cut extension+1.0%
• May 1, 2023OPEC+ announces surprise oil output cuts-2.3%
• Dec 1, 2017Oil near 2½-year highs after OPEC extends output cuts-0.0%