OPEC+ countries fulfilled their obligations by 101% in October

OPEC+ countries fulfilled their obligations by 101% in October
  • Clock-gray 10:32
  • calendar-gray 17 November 2020

OPEC+  (OPEC + (Organization of Petroleum Exporting Countries) and non-OPEC oil production reduction initiative) agreement countries carried out their obligations on decreasing production by 101% in October and thus achieved to export daily 7,8 mln barrels of oil from the market, the presentation of OPEC+ technical committee says, APA-Economics reports citing Russian media.

According to the information, in September, OPEC+ countries fulfilled their obligations by 102% within the framework of the agreement.

APA-Economics

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