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OPEC ministers agree in principle to bring output compliance back to 100% – RTRS

According to the latest headlines flashing on the wires, via Reuters, citing a source familiar to the development, OPEC ministers are said to have agreed in principle to bring output compliance back to 100%. Compliance for OPEC members was at 146% in May.  

The news did little to influence oil prices, with WTI crude oil maintaining its strong bid tone and currently holding near session tops, around mid-$66.00s.

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