OPEC+ seeks to compensate 2.35mbpd in oversupply

20.11.2020

The OPEC+ group has overproduced as much as 2.346 million barrels per day (bpd) over their collective quota since the start of the record production cuts, a source with knowledge of internal monitoring of the pact told Russian news agency TASS on Wednesday.

Between May and October, participants in the OPEC+ agreement pumped...