▫️Statistics speak beautifully. Up to May 2021, the members of #OPEC and Non-OPEC have had a total of 3.9 million barrels over-compliance.!
▫️Up to may 2021, OPEC members have had a total of 1.5 million barrels over-compliance, of which 800 thousand came from #Iraq only. #OOTT /1
▫️Up to may 2021, OPEC members have had a total of 1.5 million barrels over-compliance, of which 800 thousand came from #Iraq only. #OOTT /1
▫️Up to May 2021, Non-#OPEC members have had a total of 2.4 million barrels 'over-compliance.' The Sudan, just by itself, has had 1.8 million barrels 'over-compliance.' Kazakhstan,and the South Sudan have had, 530thousand and 660 thousand 'over-compliance', respectively. #OOTT /2
▫️Among the Non-#OPEC countries, #Kazakhstan, #Oman, #Brunei are expected to compensate 490 thousand barrels until the end of September. So far, Russia has not offered any plans for compensation./3. #OOTT
Among the #OPEC members, Iraq, Guinea and Gabon are expected to compensate a total of 960 thousand barrels of their 'over-compliance' by the end of September 2021./4 #OOTT
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