MOSCOW, November 21. /TASS/. Energy Minister of Saudi Arabia Prince Abdulaziz bin Salman strongly denies reports that the Kingdom is discussing an output increase by 500,000 barrels per day with other OPEC+ producers, the Saudi Press Agency said on Monday.

"It is well known, and no secret, that OPEC+ does not discuss any decisions ahead of its meetings. The current cut of 2 million barrels per day by OPEC+ continues until the end of 2023 and if there is a need to take further measures by reducing production to balance supply and demand, we always remain ready to intervene," the Minister said, cited by the Agency.