Reuters: Next “OPEC+ meeting to be held in person in Riyadh

The OPEC+ alliance intends to hold its series of meetings on Sunday, June 2, in person in the Saudi capital, Riyadh, according to what two sources in the alliance told Reuters.

One of the sources expected that the coalition meetings would begin at 1000 GMT.

The coalition meeting was previously scheduled to be held online, and it is not yet clear whether all ministers will attend this meeting.

Markets are awaiting the OPEC+ alliance meeting scheduled to be held on Sunday, as the alliance is working to formulate a complex agreement for approval at its next meeting, which would allow the extension of some of the sharp cuts in oil production until 2025, according to three sources familiar with OPEC discussions. + Thursday, May 30.