Saudi, UAE compliance levels highest in Opec

15 March 2010

The latest data from the International Energy Agency (IEA) show that UAE and Saudi Arabia have together recorded compliance levels of 98% to the output curbs set by OPEC, the highest among members of the organization, Gulf News has reported. The average compliance by OPEC members to the output curbs stood at 56% last month, the data showed. OPEC ministers are set to meet in Vienna on March 17 to review the current production agreement which has been in effect since January 2009.

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