OPEC shows compliance with cuts dropped to 92% in June

Dhwani Mehta FXStreet

The OPEC’s secondary sources reported over the weekend, the OPEC oil output cut deal compliance is down to 92% in June versus 110% seen in May.

Last week compliance was reported around 97%, with Saudi Arabian output levels on the rise.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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