OPEC+ discussions focus on a slight increase in oil production in December.

According to three representatives, ahead of an online meeting scheduled for Sunday, OPEC+ member countries are inclined to further increase oil production slightly in December. These unnamed representatives stated that core members of the organization, led by Saudi Arabia, are discussing raising daily output by around 137,000 barrels, a similar adjustment to those made in October and November. Earlier this week, reports indicated that representatives viewed this modest increase as a baseline scenario.