OPEC+ to discuss extending the current oil output cuts for 1 - 2 months

The OPEC+ meeting scheduled for June 9-10 is said to be being brought forward to June4:

• Oil - OPEC + is close to bringing its meeting forward a week to June 4 (ie. this week)

• Russia has no objection to the OPEC+ meeting being brought forward to June 4

Unnamed sources saying OPEC+ will discuss extending the current 9.7m b/d production cuts for 1 to 2 months

• Will also discuss holding monthly compliance meetings (complice is handled by the Joint Ministerial Monitoring Committee (JMMC))