News Source: The Economic Times
| 8 months ago
However, if the member countries adhere to the compliance ratio--the compliance of group members to practice decided production cut--the short term supply squeeze is expected to support the prices well...While the cartel has reduced daily output...
News Source: Gulfnews.com
| 8 months ago
Target adherence is now pegged at 93 per cent and expectations are that the Emirates will near full compliance in March due to field maintenance work and cutbacks in customer nominations," said the Paris-based IEA, which advises 28 industrialised...