Russia is open for the early next meet with OPEC and allies on 4 June 2020, as confirmed by Reuters.
- In the status quo, HE Mohammad from Algeria, who holds the presidency of OPEC, proposed for an early meet on 4 June from the previously decided date of 9 June 2020.
- The market estimates that the lack of opposition from Russia for an early meet could be an early sign that it could further agree to extend the production cut until the end of the year 2020.
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