August a Banner Month for Opec-Plus Compliance

摘要

Members of the Opec-plus alliance achieved a record 117 average compliance rate with agreed production cuts in August, reflecting upstream maintenance work and nagging technical challenges that hampered plans to raise output. Among the 10 Opec members with a quota, compliance reached an impressive 125, while the nine non-Opec countries with a production ceiling together mustered a record 104, Energy Intelligence estimates.