OPEC+ compliance with oil cuts at 159% in July


OPEC+ compliance with oil cuts at 159% in July

OPEC and non-OPEC oil producers’ delivered much deeper production cuts in July than anticipated by their output reduction pact, TASS news agency reported.

* Compliance with cuts stood at 159% in July, TASS cited a source from OPEC+’s technical committee.

* OPEC’s compliance in July stood at 156%, while non-OPEC delivered cuts amounting to 166%. Read More

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