OPEC Meeting Date Changed

OPEC Meeting Date Changed. The meeting, planned to be held on 9-10 June by OPEC and Russia-led OPEC + members, will held on 6-7 June. According to the news compiled by Algeria's Ennahar TV channel based on the OPEC source, Saudi Arabian-led Oil Exporting Organization (OPEC) and Russia-led OPEC + members will meet tomorrow via teleconferencing. The issue of extending an agreement on oil production cuts will be discussed at the meeting. The meeting date planned to be held by OPEC under normal conditions was 9-10 June. Previously, the meeting date was brought to the agenda on June 4. If this did not happen, Brent oil dropped from $ 40 to $ 39 yesterday. News that the meeting will take place on Saturday has raised oil to $ 40 again. US President Donald Trump said that he is waiting for the parties' agreement for the production shortage in oil recently.