Justin had the heads up here:
At the last meeting OPEC+ bumped up their output target by 648k bpd in July
- from the initial plan of 432k bpd
- Note that this plan expires in September
Expectations are low for any change in policy from the cartel and its associates (the "+" part is, basically, Russia). Capactity constraints are said to holding back increased production.
Biden heads to Saudi Arabia for talks in July.
