An overnight piece from Platts on OPEC.
Analysts at the firm note that many OPEC members did not hit their increased quota in September
- the coalition is producing far below what it said it would
- 19 members with production quotas under the OPEC+ supply accord were a combined 570,000 b/d below their allocations for the month, bringing compliance to 111.5%.
- The shortfalls have contributed to what many analysts say is a tight market.
Also from overnight:
Oil chart from that post:
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