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

September 10, 2020 at 05:31AM

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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Author: https://www.forexlive.com/news/!/opec-compliance-said-to-improve-to-103-in-august-but-overall-output-20200910 Selected by SYFX+

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