Opec gets output compliance vow from 4 producers
9 Aug 2017 4:23 PM GMT
OPEC says a technical committee secured commitments from four oil producing countries to work to bring their production in line with previously agreed output targets.
The organisation said in a statement late on Tuesday that the United Arab Emirates, Iraq, Kazakhstan and Malaysia agreed to fully cooperate with committees charged with monitoring adherence to production targets with the aim of reaching "full conformity." The statement followed closed door talks with the countries and the technical committee that's ended on Tuesday in the Emirati capital of Abu Dhabi.
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