Bloomberg reports, citing OPEC+ delegates on the matter
- All OPEC+ nations have agreed to comply with quotas
- OPEC+ nations that didn't meet quotas previously, will compensate in July to Sept
- OPEC+ to review if longer extension needed later in June
This very much reaffirms expectations going into tomorrow. But with regards to the compliance/quotas issue, I think we can generally expect most nations to comply with them in June and July at most possibly. At these prices, nobody wants to miss out.
