OPEC and non-OPEC countries discussing possible production increase by another 500,000 bpd - Reuters

Citing three sources with direct knowledge of the matter, Reuters reported that OPEC and non-OPEC countries were discussing a possible production increase by 500,000 barrels per day.

Sources further added that OPEC and non-OPEC countries pumped less oil in August compared with July due to drop in Iranian crude supply.