The price reaction after OPEC+ meetings is related to the extent of production increases and information transmission.

BMI points out that the market widely expects OPEC+ to accelerate the pace of oil production for the second consecutive month in June, but the impact on prices may depend on the scale of the production increase and the information conveyed by the organization. Against the backdrop of global trade tensions, supply growth beyond previous plans may seem somewhat unusual. However, analysts in the Solutions Department of Fitch Ratings believe that "it can be said that, given recent price trends, most of the downside has already been digested by the market." Additionally, BMI believes that seasonal demand in the coming months should support market fundamentals before trade tariffs begin to harm economic growth and oil consumption. Currently, Brent crude and West Texas Intermediate prices are holding steady, at $62.15 per barrel and $59.25 per barrel respectively.