By Grant Smith

(Bloomberg) —

Agreement in principle is for nominal 1m b/d oil-production increase, meaning a 600k b/d increase in real terms, a delegate says.

 * Deal would mean return to 100% compliance with production quotas: delegate

To contact the reporter on this story:
Grant Smith in London at gsmith52@bloomberg.net

To contact the editors responsible for this story:
James Herron at jherron9@bloomberg.net
Amanda Jordan