OPEC+ meeting this coming weekend – Barclays on rollbacks

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I posted earlier in the week that the OPEC+ cartel (basically Saudi Arabia+ Russia) will meet on June 2 instead of June 1.

Barclays snippet, analysts at the bank says it is assuming OPEC+ partially rolls back its voluntary output cuts over Q3, but hedges that it would not be surprised if there is a rollover into H2.

Could go either way seems to be the tip?

This article was written by Eamonn Sheridan at www.forexlive.com.

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