LONDON (Reuters) -OPEC+ is discussing a delay in a deliberate output enhance subsequent month as oil costs hit their lowest in 9 months, three sources from the producer group instructed Reuters on Wednesday.

Final week, the group regarded set to proceed with a 180,000 barrel per day (bpd) hike in October, however market volatility from oil facility shutdowns in Libya and a weak demand outlook have raised concern throughout the group, one of many sources mentioned.

“There are suggestions to delay the increase,” one of many sources mentioned. One other mentioned a delay was trying “highly possible” at this stage.

Eight OPEC+ members are scheduled to lift output by 180,000 bpd in October as a part of a plan to start unwinding their most up-to-date layer of output cuts of two.2 million bpd whereas retaining different cuts in place till the top of subsequent yr.