Opec30 Jun 2019 19:11
It looks like maintaining current production is a done deal, but like last meeting I wouldn’t be surprised to see opec, without Russia, cutting deeper. I guess it all boils down to the sums, if say opec cut by 5% & as a consequence crude increases in price by 10%, it makes sense, but again I doubt they want to make shale more viable with shale breakeven thought to be circa 60usd a barrel.