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Copper Tip Energy Services
Hazloc Heaters
Copper Tip Energy
Hazloc Heaters


OPEC+ complies with 115% of agreed oil curbs in May


These translations are done via Google Translate
OPEC and its allies maintained strong compliance with agreed oil output targets in May, when the first part of a gradual production increase took effect, according to figures given by an OPEC+ source on Friday.

The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, complied with 115% of agreed output curbs in May, the source said. OPEC said this week the April figure was 114%.

GLJ
ROO.AI Oil and Gas Field Service Software

OPEC+ is returning 2.1 million barrels per day (bpd) to the market from May through July as part of a plan to gradually unwind last year’s record oil output curbs, as demand recovers from the pandemic.



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