[REPOST] PREVIEW: OPEC+ Decision on Sunday 4th June 2023
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- Desks are seemingly in consensus that the group will keep production steady; sources suggested OPEC+ is unlikely to deepen output cuts
- Analysts however are also in unison in assigning non-zero chances of further production cuts given the price of oil and Saudi's recent warning to speculators
- Hawkish rhetoric is expected to be used, while some of the focus may also fall on compliance and/or any compensation scheme
02 Jun 2023 - 06:00- EnergyResearch Sheet- Source: Newsquawk
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