OPEC Considers Two Scenarios to Adjust Oil Production


JEDDAH, Saudi Arabia-The Organization of the Petroleum Exporting Countries and its allies are set to debate at least two scenarios that would increase oil production beyond current levels, according to people familiar with the discussions.

If the group chooses to increase production, it's a hitch: The cartel's internal simulations suggest the global crude market could produce a glut if producers relax their current curbs on production too quickly.

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