OPEC continues to produce oil below quotas - Jan 24

[dan_s]

In January, OPEC will be about 700,000 barrels per day short of its quota, almost the same volume by which the group has raised its quota in the last couple of months.

“Among the OPEC members there’s a lot of inability to ramp up production after these shut-ins,” Dickson said. “They’ve been increasing their targets but not meeting them.”

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