Loading…
Russian Deputy Prime Minister Alexander Novak said assessments of maximum oil production capacities for OPEC+ participating countries are expected to be completed by the end of 2026. The OPEC Secretariat is leading the work under a mechanism approved in 2025.
The capacity baselines will set production levels for 2027, so they shape future OPEC+ supply quotas. Clear progress toward baselines is mildly bearish for crude over the longer term, though the immediate price effect is small.
coinsinsight.comNov 4, 2026After 175 past neutral policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (45% higher; middle half -3.6% to +3.0%), and +0.7% over 20.
After 187 past neutral policy events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -4.0% to +3.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
