Where OPEC+ Oil Production Stands Now:
November was a strong month for OPEC as the producer group and its allies neared completion of a third year of oil-supply cuts to prop up the market. It was also a reminder that a handful of countries haven’t necessarily been playing their part.
Just eight of the 21 countries participating in the curbs reduced output as agreed last month. While the Organization of Petroleum Exporting Countries achieved a 158% complia
November was a strong month for OPEC as the producer group and its allies neared completion of a third year of oil-supply cuts to prop up the market. It was also a reminder that a handful of countries haven’t necessarily been playing their part.
Just eight of the 21 countries participating in the curbs reduced output as agreed last month. While the Organization of Petroleum Exporting Countries achieved a 158% complia
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