Gronghui May 2 丨 OPEC + will be 2.2 million barrels per day before it even startsarcadearchivesThe voluntary production reduction plan was extended to June after formal negotiations beganarcadearchivesHowever, three sources from OPEC + voluntary production cuts said they may extend production cuts if demand fails to pick up. The 2.2 million barrels per day voluntary production reduction agreement between OPEC and some member states will expire at the end of June. Conflict in the Middle East has provided support for oil prices this year, but concerns about economic growth and high interest rates have also had an impact on oil prices. One source said production cuts could be extended until the end of the year, while another said OPEC + would need to make any changes if there was an unexpected jump in demand. Two other OPEC + sources said formal talks had not yet taken place, one of whom said OPEC + had not yet made any decision on extending production cuts.