OPEC+ countries implemented deal by 99% in May-December of last year

OPEC+ countries implemented deal by 99% in May-December of last year
# 03 February 2021 12:09 (UTC +04:00)

OPEC+ (initiative on the reduction of oil production covering OPEC and non-OPEC countries) countries have provided 99% of the plan on the reduction of oil production in May-December of the last year, according to the materials in the Technical Committee of the OPEC+, APA-Economics reports citing Russian media.

According to the information, in May-December, OPEC countries implemented the agreement by 101%, while non-OPEC countries by 96%.

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THE OPERATION IS BEING PERFORMED