Will OPEC+ Increase Oil Production In January?

OPEC+ is discussing the possibility of starting to raise its collective oil production from January, the Wall Street Journal reported, citing unnamed sources familiar with the discussions. The extended oil cartel is meeting today to continue debates on the future of its oil production cut deal after it failed to reach an agreement on Tuesday. According to Reuters, most observers were unanimous that OPEC+ will continue with the current rate of cuts—7.7 million bpd—which were originally supposed to be in effect until the end of this year,…