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OPEC+ compliance said to improve to 103% in August, but overall output actually increased

September 10, 2020 at 05:31AM

OPEC+ compliance said to improve to 103% in August, but overall output actually increased
Energy Intelligence reports on the matter
According to their assessment, OPEC+ compliance picked up from 96% in July to 103% in August but the figure may be a bit misleading because the targeted output cuts were actually scaled back by 1.9 mil bpd in August as per the April agreement.

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