OPEC+ has shifted its June 2 meeting from a virtual format to an in-person gathering in Riyadh, Saudi Arabia. This last-minute change has created uncertainty about the attendance of all ministers, though several have confirmed their participation. The meeting, initially planned to be held online, will now see key ministers from Russia, UAE, Kazakhstan, and Kuwait attending in person. The focus of the meeting will be on the extension of supply cuts set to expire at the end of the quarter. Despite the official OPEC website still listing the event as virtual, sources confirm the change in venue from Vienna. The JMMC, OPEC Ministerial, and OPEC+ Ministerial meetings will still be held virtually.
Saudi Arabia invites OPEC+ ministers to Riyadh for June 2 meeting, sources say https://t.co/ehFLV8NhlB https://t.co/UX2YJQKzdQ
Several #OPEC + countries to participate in June 2 online alliance meeting in Riyadh - sources One source said that eight ministers had been invited. #oott https://t.co/IqlGhRjXYY.
Why is the OPEC meeting in Riyadh instead of Vienna this week 🪚 https://t.co/A2MW5A6rJy
so, the official OPEC/+ meetings still online but all the members who matter are meeting physically in Riyadh... cool cool cool
Gosh, you can not make the pre-OPEC+ meeting look more dysfunctional than what the group just achieved. To re-cap: at this point, it seems the OPEC+ meeting on June 2 will be virtual. But a select group of ministers -- unclear how many -- will join it together from Riyadh.
According to opec: the meetings on June 2nd will be held virtually #OOTT #Opec
OPEC+ is meeting on June 2nd. This meeting will now be in person in Riyadh vs virtual #oott $UCO $BNO $USO - Top official from Russia, UAE, Kazakhstan, Kuwait will be in attendance - All eyes will be on extension of supply cuts set to expire at the end of this quarter
There is no doubt SOMETHING Opec related is happening in Riyadh this weekend. Some ministers are headed there. But what it won't be for is any of the Opec, Opec+ or JMMC meetings. The last two voluntary cuts have been by subgroups within #Opec+. Could be them meeting... #oott
It may all be about words and labels here, but was informed by a VERY reliable source that the JMMC, #Opec, and Opec+ meetings "WILL BE VIRTUAL." Now, what is happening alongside those in Riyadh, is still, at least to me, a mystery. #oott
According to opec the meetings on June 2nd will be held virtually #OOTT #Opec
The JMMC, OPEC Ministerial and the OPEC+ Ministerial meetings will be virtual. - OPEC #oott
Still no change yet to official OPEC website event details re: shifting online meetings to Riyadh Only thing that'd be more bamboozling than this last-minute venue change curveball would be for it to have all been a miscommunication... PLEASE CONFIRM SO I CAN FINISH MY WRITE-UP https://t.co/x6xbBrGhtP
#OPEC+ Changes Meeting Venue Again as Ministers Head to Riyadh June meeting has shifted from Vienna, to online, to Riyadh Kazakhstan says minister will attend talks in Saudi capital #oott https://t.co/LBqiU0z7BA
OPEC+ is set to change the venue for its June meeting a second time, with ministers now planning to discuss oil policy in-person in Riyadh https://t.co/Vf434jrOCu
It'll be hard enough for ministers and other OPEC+ delegates to get to Riyadh on such last-minute notice. Imagine the same is true for industry journalists. In-person meetings, in Riyadh, with limited media presence or scrum is... gonna be interesting.
BREAKING: In a last minute change of plans, OPEC+ plans to meet face-to-face in Riyadh on Sunday (June 2nd), rather than hold the meeting virtually (or in Vienna). Unclear if all ministers would be able to travel on short notice, but several have confirmed attendance | #OOTT
OPEC+ Plans to Hold Its June Meeting in Riyadh, Delegate Says Last minute change: ouching the shorts again?
<Oil analysts and journalists digesting the news that the OPEC+ meetings are now happening in-person **in Riyadh**> https://t.co/PI50I3RR7M
**OPEC+ TO HOLD JUNE MEETING IN RIYADH, DELEGATE SAYS -- BBG
OPEC+ TO HOLD ITS JUNE 2 MEETING IN PERSON IN RIYADH - TWO SOURCES
The opec meeting will be held in Riyadh on June 2nd #OOTT #Opec
#OPEC+ to hold its June 2 meeting in person in Riyadh Reuters #oott
🚨 HOLY WOW 🚨 Still awaiting broader confirmation but this would be one hell of a curveball. 👀 Not only shifting the meeting from virtual back to in-person, but said in-person meeting happening in Riyadh instead of Vienna certainly sets a tone. https://t.co/ivUqZrOwAl
OPEC+ to hold its June 2 meeting in person in Riyadh https://t.co/f19o7pWcRe
Reminder June 2nd is the OPEC+ virtual meeting...the headlines have already begun...my personal take ..always wait for the actual OPEC communique and don't get caught up in the fray
Reminder June 2nd is the OPEC+ virtual meeting...the headlines have already begun...my personal take ..always wait for the actual OPEC comminique and don't get caught up in the fray