Opec + cut output by a fifth in May, with 85 percent of the total cut

 
China Petrochemical News, June 19, 2020 - Opec + slashed its crude output by nearly a fifth in May, according to the latest Platts survey of Opec + production.
 
The survey found that Opec's 13 members cut output in May to 24.32 million barrels a day, 82 percent of the required cut. Russia and nine other partners did better in May, producing a combined average of 13.89 million barrels a day, or 91 percent less, according to Platts' calculations, bringing the overall Opec + agreement to 85 percent compliance.
Daily Recommendation: Wellbore CleanOut Tools---String Magnet
Halliburton Baker Hughes Odfjell Drill
Contact person: Linda;  linda@kwoil.cn;  Tel: +86 133 7918 7081 
SWITCHBACk (SWB) WELL COMMANDER