Independent Research

Market analysis &
geopolitical briefings

Data-driven perspectives on energy, commodities and global markets — written from Piraeus, the heart of world shipping.

OPEC+ Production Cuts: The Strategy Behind the Numbers

With 3.24 million barrels per day of cuts in place and chronic non-compliance from Iraq, Kazakhstan and Russia, OPEC+ is caught between defending prices and holding its coalition together. Here is what the data actually shows.

3.24M
Bbl/day withheld
67%
Compliance rate
4.78M
Bbl overproduced
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