Independent journal on economy and transport policy
08:36 GMT+2
OPEC puts May compliance at 94%
(The Bunker Bulletin)
June 21, 1999
OPEC's Vienna Secretariat reported today that the 10 OPEC members committed to production cuts had reached 94% of their target in may compared to 84% in April.
OPEC said in a monthly report that according to an average of media and industry analyst estimates, crude oil output from the oil cartel fell by 371,000 b/d from April's output of 26.223 million b/d ...... Read more on The Bunker Bulletin
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