The OPEC+ group doesn’t plan to change the pace of easing the collective production cuts at its next meeting in early December and will review the output schedule in the first quarter next year, Iraq’s Oil Minister Ihsan Abdul Jabbar Ismail said on Thursday. The alliance will target to add all the 400,000 barrels per day (bpd) in additional supply it has scheduled for each month, the minister said at a press conference, as carried by Bloomberg. The next OPEC+ meeting is slated to take place on December 2. The group has faced criticism from oil-importing countries, including the United States and Japan, for not boosting production more than the 400,000-bpd monthly increase in view of the tight oil market and high oil prices. Analysts have also recently paid attention to the fact that some members of the OPEC+ alliance, such as Angola and Nigeria, are struggling to raise […]