Highlights Joint Technical Committee discussed bearish demand scenario: delegate OPEC+ ministers set to meet Nov. 4 to discuss December output Coalition under pressure from consumers to further boost production OPEC and its allies appear set to reaffirm plans to increase crude production by 400,000 b/d in December after an advisory committee saw no major changes in the market’s supply/demand outlook, despite calls from major consumers to further boost output to tame three-year high oil prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The OPEC+ Joint Technical Committee met on Oct. 28 in preparation for the Nov. 4 meeting of the coalition’s ministers to review the course of action for December, where output is expected to increase by 400,000 b/d, according to a July agreement. The coalition, which has been raising output by 400,000 b/d per month since August, is under pressure from […]