Nigerian Oil Minister Says OPEC+ Supports Oil Output-Cuts Rollover

The transcript discusses the anticipation of data analysis in June to assess market characteristics. It highlights the lack of opposition to extending OPEC cuts and addresses rumors about Russian recommendations to reduce the CAP, which were not discussed. The consensus is building to extend cuts until the year's end, but uncertainty in numbers and potential disruptions from geopolitical issues like Libya and Venezuela remain. US production is improving, but political factors continue to influence decisions.

What is the significance of the June meeting mentioned in the text?

What are the potential consequences of a disruption in oil prices as discussed?