September 23, 2018 / 7:49 AM / 3 months ago

OPEC, non-OPEC panel unlikely to recommend further oil output hike: sources

A person passes the logo of the Organization of the Petroleoum Exporting Countries (OPEC) in front of OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger - RC175B2D04C0

ALGIERS (Reuters) - A panel comprised of ministers from OPEC and allied oil producers meeting on Sunday is unlikely to recommend a further increase in crude production from that agreed in June, five OPEC and non-OPEC sources told Reuters.

The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June, sources said.

Reporting by Reuters OPEC team; Editing by Dale Hudson

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