According to Dow Jones news on June 1, JP Morgan Chase expects that Saudi Arabia is planning to increase oil production in June to meet the peak season of seasonal oil demand in the third quarter. JPMorgan Chase said that in the third quarter, Saudi Arabia may increase oil production to 9.2 million barrels per day, and other OPEC member countries will also increase production. Nevertheless, the global oil demand market will still have a supply gap of 600,000 barrels per day. .