OPEC agrees to raise output 400k bpd, as expected – report

No surprise

The press conference is coming up shortly. This report is from Energy Intel, who cites sources.
The only drama in the press conference is whether OPEC highlights a willingness to be more flexible going forward.
Update: Another report now says the same.
The next OPEC meeting will take place on Dec 2.
Update 2: A report says OPEC doesn’t plan to compensate for countries that have under-produced quotas.