OPEC+ compliance with oil cuts in September seen at 102%

OPEC+ compliance with oil cuts in September seen at 102%
  • Clock-gray 13:44
  • calendar-gray 15 October 2020

OPEC+ compliance with a pact to cut oil supply in September was seen at 102%, two OPEC+ sources said, APA-Economics reports citing Reuters.

OPEC conformity with the oil output reduction in September was 105%, while non-OPEC compliance was 97%, one of the sources said.

An OPEC+ technical committee meets on Thursday to discuss compliance with the oil cuts and review the oil market.

Huseyn Veliyev

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