Russia’s Dmitriev: OPEC+ could decide to raise oil output at June meeting

Head of Russia's sovereign investment fund and one of the main architects of Russia's agreement with OPEC, Kirill Dmitriev, was reported by Reuters, as saying that the OPEC and its allies (OPEC+) could decide to raise oil output at the June meeting.

Further Comments:

Market situation is improving, stocks are falling though.

Output increase would not mean end of OPEC+ oil market coordination.