OPEC, non-OPEC producers record 98% production compliance level

Nigerian Tribune carries an article on Wednesday, citing that the OPEC and Non-OPEC producers have continued their high level of conformity with the OPEC oil output cut agreement, as revealed by the Joint OPEC-Non-OPEC Technical Committee (JTC) report for the month of March.

The joint OPEC-Non-OPEC ministerial monitoring committee (JMMC)’s monthly report showed that  the OPEC and participating non-OPEC countries achieved a compliance level of 98%, an increase of four percentage point over the February 2017 performance.