OPEC+ recommends keeping plan to increase production for December

The OPEC+ Monitoring Committee on Thursday, after a meeting that lasted less than an hour, recommended that the cartel countries maintain a plan to increase oil production by 400,000 barrels per day in December, Report informs that a source in the delegation of one of the countries told TASS.

"The recommendation in the former direction is [an increase] of 400,000 barrels per day," he said.

According to the OPEC agenda, the ministerial conference, which will consider this recommendation, should begin at 18:00 (Baku time).