“Our working assumption for the outcome of the Opec meeting is for a controlled increase [in production]. Saudi Arabia needs to keep prices in control but also does not want a price plunge and we would assume therefore a first increase of about [500,000 barrels per day],” said Mr Jakob.

Link to the article: https://www.ft.com/content/eef173c6-6009-11e8-9334-2218e7146b04