OPEC Members' Compliance With Oil Output Cuts Deal Stood At 86% In January - IEA

Rukhshan Mir (@rukhshanmir) Published February 13, 2019 | 03:05 PM

OPEC Members' Compliance With Oil Output Cuts Deal Stood at 86% in January - IEA

The members of Organization of the Petroleum Exporting Countries (OPEC) were 86-percent compliant with the oil output cut deal in January, the International Energy Agency (IEA) said in a monthly report published on Wednesday

MOSCOW (UrduPoint News / Sputnik - 13th February, 2019) The members of Organization of the Petroleum Exporting Countries (OPEC) were 86-percent compliant with the oil output cut deal in January, the International Energy Agency (IEA) said in a monthly report published on Wednesday.

"Compliance [of OPEC member states in January] with the Vienna Agreement was 86%, with Saudi Arabia, UAE and Kuwait cutting by more than promised," the agency's report says.

Facebook Twitter Reddit Pinterest Whatsapp

Prize Bonds

PSX 100 Index

Currency Rates

Gold Prices

Petrol Prices

Crypto

Recent Stories

Govt committed to developing gems, jewellery secto ..

Govt committed to developing gems, jewellery sector: Minister

Three new bills introduced in Senate

Three new bills introduced in Senate

Nine dead, 1,318 injured in Punjab road accidents

Nine dead, 1,318 injured in Punjab road accidents

Ukraine, Russia exchange fire, at least seven dead

Ukraine, Russia exchange fire, at least seven dead

1st-ever National Sports Revival conference starts ..

1st-ever National Sports Revival conference starts next month

Joint venture decided for action against MEPCO’s ..

Joint venture decided for action against MEPCO’s defaulters

Modern irrigation system imperative to deal with w ..

Modern irrigation system imperative to deal with water scarcity: UAF VC

Bringing 4.4mln hectares suitable land under olive ..

Bringing 4.4mln hectares suitable land under olive cultivation to address econom ..

One woman died after speedy bus overturned

One woman died after speedy bus overturned

155 killed in Tanzania as heavy rains lash East Af ..

155 killed in Tanzania as heavy rains lash East Africa

Parliament committed to resolve public issues on p ..

Parliament committed to resolve public issues on priority basis: Ghulam Mustafa

Collaborative Care of Diabetes Centre inaugurated ..

Collaborative Care of Diabetes Centre inaugurated in Faisalabad