Gulf States Drive Sharp October Rise In Opec Output

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Feb 29, 2024Oil inches down as US inflation data, rising OPEC output weigh | Reuters+1.0%
• Apr 28, 2020Sharp selloff in oil as world runs out of storage space+35.3%
• Jul 21, 2017Oil prices sink on a report OPEC supply will rise in July+4.4%
• Sep 29, 2025Oil Drops as Iraq Resumes Kurdish Exports, OPEC+ Eyes Output Hike-7.5%
• Oct 1, 2025Oil settles lower as investors brace for possible OPEC+ output hike-2.2%