OPEC+ Oil Cut Compliance at 113% in March

OPEC+ achieved a compliance level with its agreed oil production cuts of 113 per cent in March, unchanged from levels in February, two sources from the producer group told Reuters on Tuesday.

Compliance from members of the Organization of the Petroleum Exporting Countries (OPEC) reached 124 per cent, while non-OPEC participants achieved compliance of 93 per cent, one of the sources said.

About Parvin Faghfouri Azar

Check Also

OPEC would Open Arms to Namibia, Encourages Investors to Consider

OPEC Secretary General Haitham Al Ghais said in a statement on Wednesday that the group …

Leave a Reply

Your email address will not be published. Required fields are marked *