Iraq's SOMO says an OPEC+ oil output increase has not been discussed

The head of Iraq's state oil marketer SOMO told Reuters on Tuesday there have been no discussions about OPEC+ deciding on a production increase at its next meeting.

"There are no disucssions around this topic," Alaa Alyasri said.

Saudi Arabia, the United Arab Emirates and Kuwait have also denied a Wall Street Journal report saying an output increase of 500,000 barrels per day was under discussion for the next OPEC+ meeting on Dec. 4.