Sources Warn of Potential OPEC+ ‘Plot Twist’ on Sunday ...Middle East

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Sources Warn of Potential OPEC+ ‘Plot Twist’ on Sunday
source : OILPRICE ( Middle East ) () 30
Ahead of the OPEC+ Sunday meeting, Reuters has cited three unnamed cartel sources as saying that a rollover to the end of the year of the existing 2.2 million barrel-per-day voluntary oil production cuts is currently being discussed.  Analysts have been expecting OPEC+ to maintain the status quo on Sunday, and Reuters’ Thursday report is in line with those expectations.  The voluntary cuts expire at the end of JUne, and OPEC+ launches its meetings on Sunday at 1100 GMT.  Through the end of this year, OPEC+ members have agreed…

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