OPEC+ Missed Its March Output Quota By 1.45 Million Bpd ...Middle East

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OPEC+ Missed Its March Output Quota By 1.45 Million Bpd
source : OILPRICE ( Middle East ) () 11
The gap between target levels and actual production of the OPEC+ group further widened in March to over 1.4 million barrels per day (bpd) as Russian crude output started to feel the sting of the sanctions and self-sanctioning of buyers and was 300,000 bpd below target, according to an OPEC+ report seen by Reuters. Last month, the producers in the OPEC+ alliance saw their combined crude oil production lag behind the quota by 1.45 million bpd, with the compliance rate shooting up to a record 157 percent since the start of the 10-million-bpd production…

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