LONDON (Reuters) – OPEC+ compliance with oil production cuts rose to 129% in January, a source from the producer group told Reuters, indicating that some members continue to struggle to raise their output.
The January figure compares with 122% in December, and 117% in November.
Compliance from members of the Organization of the Petroleum Exporting Countries (OPEC) was at 133% in January, while non-OPEC producers in the alliance achieved a compliance of 123%, the source said.
(Reporting by Ahmad Ghaddar, writing by Bozorgmehr Sharafedin; editing by Jason Neely)
