OPEC+ Moves July Output Call by One Day to May 31, Delegates Say
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OPEC+ brought forward a video-conference that will decide July oil production levels for eight key members by one day to May 31, delegates said.
The eight-nation sub-group led by Saudi Arabia and Russia held preliminary talks last week on making another bumper output increase of about 411,000 barrels a day for a third consecutive month, to be finalized during its conference call. One delegate, who asked not to be identified, said the date change was simply a reflection of scheduling issues.
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