Global Oil & Gas: OPEC compliance reaches highest level in November

OPEC- A man fixes a sign with OPEC's logo next to its headquarter's entrance before a meeting of OPEC oil ministers in Vienna, Austria, November 29, 2017. REUTERS-Heinz-Peter BaderOPEC’s resolve looks stronger than ever. In the run up to the late-November decision to extend the production cuts through the end of 2018, the group posted its best compliance rate with the agreed upon production cuts yet.

OPEC reported a 122-percent compliance rate in November, a figure that bodes well as the group seeks to keep those curbs in place for another year.

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