Greg had the breaking headline on this:
A little more detail now:
- eight OPEC+ countries will meet on May
31, a day earlier than previously planned - Reuters with the info, citing three unnamed sources
- meeting
will likely decide on July output - sources previously told
Reuters will entail another 411,000 barrels per day of production - meeting is
separate from the online ministerial meeting of the Organization of
the Petroleum Exporting Countries and its allies, led by Russia, set
for May 28 - Russian 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.
