Opec+ members are close to a decision to bring forward their next meeting by a few days, according to people familiar with the situation.
If confirmed, the move would give the cartel and its allies more room for maneuver to change the current production limits. The existing deal — struck in April as demand collapsed amid the pandemic — calls for curbs to ease from July. But that’s up for discussion at the next meeting.
Opec members usually decide their plans for shipping oil to customers for July in the first week of June, so meeting earlier gives them time to change tack.
