OPEC+ might cut output after December meeting

"OPEC+ will make a decision whether or not they will cut the output at December’s meeting," Iranian Oil Minister Bijan Namdar Zanganeht told Mehr Agency, Report informs.

"I think the output cut will continue at a meeting to be held on December 5. This means that OPEC will cut the volume it will put up for sale," the minister said.

OPEC+ will also consider the issue on output level after March 2020.