OPEC+ Compliance Continues To Exceed 100% ...Middle East

OILPRICE - Economy
OPEC+ Compliance Continues To Exceed 100%
source : OILPRICE ( Middle East ) () 15
OPEC+ fully complied with the supply cuts in November that the group agreed on, two sources from the group told Reuters. OPEC+ is scheduled to meet on January 4 to discuss how much the group will produce in February and beyond. The group is also set to meet monthly to determine the production quotas for the following month, after weighing market conditions. According to Reuters sources, OPEC’s compliance for November reached 104%. Compliance for OPEC’s allies—a group that includes Russia—reached just 95% compliance. Combined,…

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