PRESS ROOM
Oil poised for a rebound as OPEC+ pre-meetings consolidate case for continued tightness
Tuesday 11th June '19
Ahead of the June 25/26th OPEC+ meetings, Saudi Arabia and Russia have discussed the case for extending current supply curbs. An agreement between these oil super-powers usually sets the tone for the wider group. Oil’s lacklustre performance in recent weeks could be reversed if indeed the oil cartel can maintain the current supply-deficit.