Greg had the breaking headline on this:
OPEC+ meeting was brought forward to May 31st from June 1st
A little more detail now:
eight OPEC+ countries will meet on May
31, a day earlier than previously plannedReuters with the info, citing three unnamed sourcesmeeting
will likely decide on July outputsources previously told
Reuters will entail another 411,000 barrels per day of productionmeeting is
separate from the online ministerial meeting of the Organization of
the Petroleum Exporting Countries and its allies, led by Russia, set
for May 28Russian Prime Minister Alexander Novak said that OPEC+ has not yet discussed hiking output by another 411,000
barrels per day ahead of its meeting
This article was written by Eamonn Sheridan at www.forexlive.com.