The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in December, Argus reports, citing three delegates from the alliance. In December 2020, the OPEC+ coalition saw its overall compliance with the original production adjustments at 101 percent, OPEC said at the end of the February monthly meeting of the OPEC+ panels. This compliance level is “reinforcing the trend of high compliance by Participating Countries,” OPEC said. According to Argus’ sources,…
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