Analysis: OPEC+ Poised for Oil Production Decision, Paving Way for Potentially Volatile June for Oil Traders
2025-05-30 / Read about 0 minute
Author:小编   

OPEC+ members are likely to deliberate on another production hike this weekend, with projections indicating an increase of over 400,000 barrels per day. Saudi Arabia and other members must also address the production cuts imposed by Kazakhstan. Currently, the crude oil futures market is experiencing sluggish conditions, and any further expansion in supply could lead to a decline in crude oil prices in June, potentially pushing them to a four-year low.