OPEC & West Texas Intermediate
41 shared events · Importance 5 · Last updated Aug 21, 2026
Live sentiment trends, interaction importance charts, and action volume tracking available on the
Ergen Dashboard
International
OPEC: OPEC lowered its 2026 world oil demand growth forecast to 580,000 bpd, adding to bearish sentiment in the oil market.
West Texas Intermediate: WTI crude fell 0.66% to $82.72, pressured by a surprise build in US crude inventories and lower demand outlook, though supply concerns from the Middle East limit downside.
Aug 12, 2026 · 14 articles
Business
OPEC: OPEC+ agreed to increase output, signaling a return to normal supply management after war disruptions.
West Texas Intermediate: WTI crude prices also declined, trading around $68.49/barrel.
Mar 09, 2018 · 108 articles
International
OPEC: OPEC+ approved a production quota increase of 188,000 bpd from September, but the impact is limited due to export disruptions. The group's decisions are watched for supply adjustments.
West Texas Intermediate: WTI crude futures also dropped sharply, reflecting the same geopolitical dynamics as Brent. The price is sensitive to U.S.-Iran tensions and Hormuz disruptions.
Aug 02, 2026 · 34 articles
International
OPEC: OPEC>>> is maintaining its oil demand growth forecast despite the Middle East conflict and Strait of Hormuz>>> closure, indicating its view on global oil market stability.
West Texas Intermediate: West Texas Intermediate>>> crude futures fell on de-escalation hopes but were still set for weekly gains due to earlier Middle East tensions.
Jun 05, 2026 · 7 articles
International
OPEC: OPEC has agreed to increase oil output to address the supply crisis, but its effectiveness is limited by the Strait of Hormuz closure and production capacity issues among members, impacting its ability to stabilize oil markets.
West Texas Intermediate: West Texas Intermediate crude futures also saw a substantial increase in price, mirroring the impact on Brent crude due to the escalating conflict and supply concerns.
Jun 07, 2026 · 398 articles
International
OPEC: OPEC+ agreed to boost output by 188,000 bpd in August, but the increase may be difficult due to war disruptions.
West Texas Intermediate: WTI crude prices rose to $80.40, a one-month high, reflecting the same supply concerns.
Apr 20, 2026 · 304 articles
International
OPEC: OPEC lowered its demand growth outlook, partially offsetting supply concerns.
West Texas Intermediate: WTI prices also rose, around $81 per barrel, reflecting similar supply disruption fears.
Jul 15, 2026 · 127 articles
International
OPEC: OPEC oil output fell to its lowest level in over two decades in April due to disruptions linked to the Strait of Hormuz, indicating reduced supply.
West Texas Intermediate: West Texas Intermediate>>> prices have fallen on hopes of a peace deal, reflecting the market's expectation of increased oil supply.
May 02, 2026 · 472 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
West Texas Intermediate: West Texas Intermediate crude prices have also been affected by the US-Iran conflict, experiencing volatility and price increases due to supply concerns related to the Strait of Hormuz.
May 07, 2026 · 362 articles
International
OPEC: OPEC approved production increases, adding to supply and pressuring prices.
West Texas Intermediate: US oil benchmark that also fell on hopes of de-escalation. Its price reflects market sentiment.
Feb 08, 2026 · 380 articles
International
OPEC: OPEC+ is expected to halt output increases, supporting prices, but faces supply constraints.
West Texas Intermediate: WTI prices also rose significantly, impacting US energy markets and consumers.
Apr 08, 2026 · 416 articles
International
OPEC: OPEC+ decision to increase output contributes to expected supply surplus, which reserve rebuilding may partially absorb.
West Texas Intermediate: U.S. crude benchmark; approached $120 in early March; benefits from demand boost from reserve refilling.
Jul 09, 2026 · 6 articles
International
OPEC: OPEC+ is likely to halt planned output increases from October, supporting oil prices amid supply concerns.
West Texas Intermediate: Rose sharply alongside Brent on escalation fears.
Jul 09, 2026 · 325 articles
International
OPEC: The United Arab Emirates decided to withdraw from OPEC, which could have implications for global oil supply and pricing.
West Texas Intermediate: West Texas Intermediate crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Apr 26, 2026 · 590 articles
Business
OPEC: OPEC's decisions and 'whims' are cited as significant factors influencing global oil prices and historical performance.
West Texas Intermediate: West Texas Intermediate is mentioned as the main benchmark for North America, providing a regional context to oil pricing.
May 01, 2026 · 63 articles
International
OPEC: OPEC data used to measure supply losses, but group's influence limited.
West Texas Intermediate: WTI crude rose in tandem with Brent, reflecting supply disruptions.
Apr 20, 2026 · 709 articles
International
OPEC: OPEC has increased production, which could offset supply disruptions. Its decisions affect oil prices.
West Texas Intermediate: WTI prices are also affected by the Hormuz situation, moving in tandem with Brent.
Mar 09, 2018 · 316 articles
International
OPEC: Oil industry experts informed OPEC>>> that supply disruptions from the Strait of Hormuz>>> closure will persist.
West Texas Intermediate: West Texas Intermediate>>> crude prices have spiked due to the conflict and the effective shuttering of the Strait of Hormuz>>>, reflecting the market's reaction to supply concerns.
Jun 03, 2026 · 17 articles
International
OPEC: Iraq is an OPEC member seeking to boost its oil exports.
West Texas Intermediate: WTI crude price rose nearly 5% to $88 on the day of the signing.
Jul 17, 2026 · 33 articles
International
OPEC: OPEC+ countries announced an increase in crude production by 206,000 barrels per day in April to mitigate supply concerns arising from the conflict.
Mar 01, 2026 · 6 articles
International
OPEC: OPEC agreed to a modest oil output boost for April, but this is largely insufficient to offset the supply disruptions caused by the Middle East conflict.
Mar 01, 2026 · 42 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Apr 22, 2026 · 302 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: OPEC+ agreed to lift oil output quotas, but the impact is limited as key members cannot boost production due to strait closures, indicating the severity of supply disruptions.
Apr 06, 2026 · 33 articles
+ 11 more events
View on Dashboard
ERGEN INTELLIGENCE
Explore this relationship live
Track how OPEC and West Texas Intermediate interact across events, view sentiment trends, and discover connected entities.
Open Dashboard