OPEC Meeting Tracker — Schedule, Quota Decisions, Oil Price Impact
OPEC+ ministerial meetings reshape oil markets in seconds. This tracker shows the upcoming JMMC schedule, every quota change since 2024, voluntary cuts by member, and the Brent/WTI reaction window — all in one place.
Upcoming OPEC+ meetings (2026)
- JMMC June 2026 — voluntary-cut review and Q3 quota guidance.
- Ministerial Q3 2026 — full ministerial meeting reassessing voluntary cuts from the eight member countries.
- JMMC October 2026 — last review before 2027 quota negotiations.
Dates are confirmed via official OPEC press releases. Our terminal pushes a HIGH-impact alert with assets OIL, CL, BZ, USO the moment the press release lands on opec.org.
Why OPEC matters for traders
OPEC+ controls roughly 40% of global crude production. A surprise cut of 500k–1M barrels per day moves Brent by $3–$6 within 24 hours. A surprise increase moves it the same magnitude on the downside.
The recent 'voluntary' cut structure (Saudi 1M, Russia 300k, etc.) makes communication harder to parse — many headlines describe 'extensions' that are functionally unchanged versus 'returns to baseline' that are real changes. Our AI classification distinguishes the two.
What we track in real time
- Press releases from OPEC.org with millisecond timestamping
- Saudi Press Agency and TASS for individual member statements
- Reuters and Bloomberg headline correlations
- JMMC pre-meeting leaks (delegate sources)
- Surprise compliance reports
Related TNT pages
- Oil news alerts — real-time WTI/Brent feed
- Strait of Hormuz shipping news — supply-route disruption tracker
- Commodities news feed
FAQ
When is the next OPEC meeting?
Full ministerial meetings are typically held in June and December, with JMMC reviews quarterly. Our tracker pulls the dates directly from opec.org press releases and alerts subscribers 72h, 24h and 1h before each meeting.
What is OPEC+?
OPEC+ refers to the 13 OPEC member countries plus 10 non-OPEC oil producers (Russia, Mexico, Kazakhstan, Azerbaijan, Bahrain, Brunei, Malaysia, Oman, South Sudan and Sudan) coordinating production targets under the 'Declaration of Cooperation' framework signed in 2016.
How does an OPEC decision move oil prices?
A surprise production cut typically lifts Brent crude by $2–$5 per barrel within 24 hours; a surprise increase or quota hike moves it down the same magnitude. Sustained policy shifts (multi-month cuts) can move prices $10–$15 over weeks.
How do I get real-time OPEC headlines?
Trading News Terminal pulls OPEC press releases the moment they're published. Pro subscribers receive Telegram or push alerts with HIGH impact tagging within seconds. Basic users see headlines with a 2-minute delay.
Is OPEC compliance tracked?
Yes. We surface monthly compliance reports from OPEC's MOMR (Monthly Oil Market Report), Platts surveys and Argus surveys to show which members are over- or under-producing relative to quota.
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