<p>According to the forecast by ROYAL BANK OF CANADA Capital Markets (RBC Capital Markets LLC), OPEC+ is expected to increase the supply quota by another 137,000 barrels per day at the meeting on October 5. The agency also emphasized the geopolitical risks in the fourth quarter. It stated that the actual supply increase will be far below the apparent quota numbers, as many countries, except for Saudi Arabia, &#34;have essentially reached their production capacity limits.&#34;</p>

<p>According to the forecast by ROYAL BANK OF CANADA Capital Markets (RBC Capital Markets LLC), OPEC+ is expected to increase the supply quota by another 137,000 barrels per day at the meeting on October 5. The agency also emphasized the geopolitical risks in the fourth quarter. It stated that the actual supply increase will be far below the apparent quota numbers, as many countries, except for Saudi Arabia, "have essentially reached their production capacity limits."</p>

RBC expects OPEC+ to raise supply quotas again at the weekend meeting