OPEC To Publish Quotas For New Production Cut Deal
Tuesday, 15 January 2019 OPEC plans to publish this week the quotas for individual countries under the new OPEC/non-OPEC production cut deal agreed upon on December 7 and in force since January 1, an OPEC source told Russian news agency TASS on Monday. The publishing of the quotas for each country could help overcome the skepticism in the market regarding the resolve of OPEC and its allies to implement the decision made in early December, according to TASS’s source. During the current period of the cuts, until June 2019, OPEC and allies will remove a total…
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