"OPEC member states are discussing a compromise deal in order to increase oil production by 300-600 thousand barrels per day in the nearest few months, said Bloomberg with a reference to sources close to negotiations. According to the interlocutors, although Iran said on Sunday it acted against increase of current quotas, the official representatives from a number of other states are optimistic, they believe this week they will be able to reach agreement on production increase in Vienna," reads the report.
Production increase, in case the compromise deal is achieved, will be lower than proposed by Russia by 1.5 bpd.
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