# Opec+ to hold June policy meeting in person   | AGBI

> OPEC+ confirmed its June 4 policy meeting will be held in person in Vienna, according to four sources. Brent fell about 4% toward $72 a barrel amid concerns over economic growth and rate hikes.

- Date: 2023-05-04 · published 2023-05-04T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/35864-opec-to-hold-june-policy-meeting-in-person-agbi
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The meeting format does not change supply, but the falling price reflects weak demand expectations that pressure energy costs.

## Read by commodity

- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-04-05 | [OPEC+ panel meeting seen making no policy changes after surprise output hike \| Reuters](https://feedsoft.ai/events/25045-opec-panel-meeting-seen-making-no-policy-changes-after-surprise-output-hike.md) | -1.7% | -9.0% |
| BRENT | 2025-05-31 | [Opec+ decided on July output hike to punish over-producers \| AGBI](https://feedsoft.ai/events/24131-opec-decided-on-july-output-hike-to-punish-over-producers-agbi.md) | +4.9% | +7.0% |
| BRENT | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +4.9% | +7.0% |
| BRENT | 2021-05-27 | [Uncertain about Iranian oil, OPEC+ likely to stick to policy](https://feedsoft.ai/events/47011-uncertain-about-iranian-oil-opec-likely-to-stick-to-policy.md) | +3.1% | +9.9% |
| BRENT | 2021-02-24 | [OPEC+ Considers Production Increase At March Meeting \| OilPrice.com](https://feedsoft.ai/events/48553-opec-considers-production-increase-at-march-meeting-oilprice-com.md) | -3.6% | -7.5% |

## Sources

- agbi.com: https://www.agbi.com/article/opec-to-hold-june-policy-meeting-in-person/

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