EnergyWatch

OPEC attains record 90 percent of output cuts as demand grows, IEA says

OPEC nations have largely lived up to their deal regarding a production cap, according to the International Energy Agency.

Photo: Kamran Jebreili / AP Polfoto

OPEC achieved the best compliance rate in its history at the outset of an accord to clear the oil glut, a plan that's being supported by surprising strength in demand, the International Energy Agency said.

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