OPEC+ compliance with output cut at 117% in November: report

20/12/2021 Argaam

Logo of OPEC

OPEC+ compliance with oil production cuts stood at 117% in November, up from 116% the previous month, Reuters reported, citing two sources.

 

The group's production levels continue to be below agreed targets, they added.

 

Compliance from the 10 OPEC countries participating in the production cuts reached 122%, with participating non-OPEC countries achieving 107%.

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