OPEC+ mostly met its cutting targets in May, but future compliance — and its enforcement — looks uncertain
CNBC The 23 member states of OPEC+, comprised of OPEC and ten of its oil-producing allies, for the most part delivered on record production cuts agreed to by the alliance through the month of May, a new report shows. “OPEC’s 13 members dropped their output to 24.32 million b/d, for a compliance rate of 82% with their prescribed cuts,” S&P