OPEC+ Set to Discuss Oil Production IncreaseAccording to a recent publication by Reuters, OPEC+ is poised to approve an increase in oil production of at least 137,000 barrels per day during its upcoming meeting on Sunday. This decision comes as the group aims to capitalize on rising oil prices and reclaim market share. This change follows pressure from various stakeholders, including U.S. officials advocating for lower oil prices. An online meeting involving eight OPEC+ nations is scheduled for October 5, where they will deliberate on production levels for November. The current round of cuts totaling two million barrels per day is expected to remain in effect until late 2026.