OPEC+ meets today to review compliance with oil output cuts agreement

19/08/2020 Argaam

 

OPEC oil producers and allies are meeting today to review compliance with oil output cuts deal, but are unlikely to change their output policy, Reuters reported, citing OPEC+ sources.

 

The meeting instead would focus on compliance by countries such as Iraq, Nigeria and Kazakhstan, the sources said, adding that compliance with the cuts was between 95%-97% in July.

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