OPEC+ agreed to proceed with its existing plan for gradual monthly oil-supply increases, reaching consensus after less than an hour of online talks. Ministers ratified the 400,000 barrel-a-day output hike scheduled for October, delegates said. As the coalition plans to keep adding more barrels to the market, ship-tracking data from some of the group's members show that global flows plunged last month. And in the U.S., the EIA reported a larger-than-expected decline in domestic crude inventories. Futures fell as much as 2% in New York before paring losses. It pared back steep declines Wednesday as the market found solace from a bullish U.S. government oil inventory report. Nerves were also soothed by the speed with which OPEC and its partners agreed a plan to add more supply to the market.The EIA reported a larger than expected drop in crude stocks last week, even as refineries that use crude as feedstock shut down their plants to prepare for Hurricane Ida.