23:28:09
OPEC representative: OPEC + reached an agreement to extend the production cut agreement until 2024.
23:27:22
Energy Intelligence Group reporter Amona Bakr broke the news that Saudi Arabia will further voluntarily cut production.
23:25:16
If the new production baseline is approved, OPEC+ could agree to roll over the 2023 policy and continue to cut output in 2024, two sources said.
23:19:06
OPEC delegates: OPEC+ ministers begin official meeting.
23:14:59
Amona Bakker, Energy Intelligence Group reporter: The difference between Nigeria and other OPEC+ members is whether it can accept lower baseline production.
23:12:52
According to the Islamic Republic News Agency (IRNA): A fire broke out in a warehouse near Mashahad, Iran.
23:10:50
European Mediterranean Seismological Center: A 5.0-magnitude earthquake struck the Molucca Sea.
22:53:56
Amona Bakker, Energy Intelligence Group reporter: OPEC+ talks continue and Nigeria appears to be against further production cuts.
21:49:12
After four hours of informal talks, OPEC+ ministers still need to iron out differences over production cuts, sources said.
21:23:20
NATO Secretary-General Stoltenberg: Sweden still has time to join NATO before the Vilnius summit in mid-July.
21:20:28
NATO Secretary-General Stoltenberg: In agreement with Turkish President Erdogan, Sweden, Turkey and NATO will meet again in the week of June 12.
20:58:10
According to Interfax: Gabonese Republic of Oil and Gas Minister Vincent Massassa also left the OPEC building.
20:27:36
The Saudi stock exchange will be closed from June 25 to 29 due to the Eid al-Fitr holiday.
20:19:00
OPEC+ representatives said OPEC+ ministers were still negotiating production quotas for Africa (oil-producing countries).
19:57:20
Energy Intelligence Group reporter Amona Bakker: OPEC+ representatives said that the production cut plan will be further discussed at the OPEC+ ministerial meeting.
19:55:52
OPEC+ representatives said not all members agreed with the idea of further cuts.
19:26:02
Amona Bakker, Energy Intelligence Group reporter: OPEC+ held talks on further production cuts, according to delegates to the OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting.
19:23:10
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting started, OPEC+ representatives said.
17:50:00
The 35th OPEC and non-OPEC ministerial meeting will be held in ten minutes.
17:24:44
Amona Bakker, Energy Intelligence Group reporter: OPEC members contacted their governments overnight to get final government approval for baseline oil production.