OPEC+ prepares for weekend meeting after Saudi warns speculators to ‘watch out’

• OPEC+ ministers will meet to determine their next oil production policy steps on June 4 in Vienna.
• They face a market rattled by supply volatility, demand uncertainty and a prospective recession, which could throttle transport fuel consumption.
• Public signals have been conflicting following Saudi energy minister Prince Abdulaziz bin Salman’s late-May warning that oil speculators could face further pain ahead.

https://www.cnbc.com/2023/06/02/opec-prepares-for-weekend-meeting-after-saudi-warns-speculators-to-watch-out.html