According to Jinshi, despite the possible oversupply in the oil market, OPEC+ still maintains its plan to gradually restore oil production by the end of the year. No changes were announced in the statement after the online meeting of the JMMC. OPEC+ plans to increase production by 180,000 barrels per day in December, two months later than originally planned. Iran's attack on Israel caused oil prices to rise by more than 5%. Although the decline in oil prices has eased the pressure on consumers and central banks, it has put economic pressure on OPEC and its allies. The JMMC meeting mainly discussed the issue of Iraq, Kazakhstan and Russia's failure to fulfill their commitment to cut production.