# What have OPEC+ producers said ahead of June oil policy meeting?

> OPEC+ producers are set to meet on June 4 in Vienna to decide whether to further curtail crude output. The group surprised markets in April with additional cuts that lifted prices.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/35855-what-have-opec-producers-said-ahead-of-june-oil-policy-meeting
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Any extension of cuts would tighten crude supply and could lift diesel and energy costs for feed producers and transporters. Absent a decision, the outlook stays uncertain.

## Read by commodity

- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-01-29 | [No changes to oil production policy expected at OPEC+ meeting](https://feedsoft.ai/events/32041-no-changes-to-oil-production-policy-expected-at-opec-meeting.md) | -6.0% | -0.7% |
| BRENT | 2025-05-28 | [OPEC+ holds oil quotas ahead of July production review](https://feedsoft.ai/events/24603-opec-holds-oil-quotas-ahead-of-july-production-review.md) | +3.7% | +6.1% |
| BRENT | 2025-02-05 | [MEED \| Opec+ decides to adhere to oil production policy](https://feedsoft.ai/events/25947-meed-opec-decides-to-adhere-to-oil-production-policy.md) | +1.2% | -6.2% |
| BRENT | 2024-07-18 | [OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say \| Reuters](https://feedsoft.ai/events/29159-opec-unlikely-to-change-oil-output-policy-at-aug-1-jmmc-meeting-sources-say.md) | -3.6% | -5.2% |
| BRENT | 2024-07-30 | [OPEC+ likely to stick to output policy at Aug 1 JMMC meeting](https://feedsoft.ai/events/29158-opec-likely-to-stick-to-output-policy-at-aug-1-jmmc-meeting.md) | -4.3% | +0.7% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/what-have-opec-producers-said-ahead-june-oil-policy-meeting-2023-05-30/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.