London — OPEC+ compliance with oil production cuts in February rose to 113%, two OPEC+ sources from the producer group told Reuters on Monday.
The figure compares with a January compliance figure of 103%.
Compliance from members of the Organization of the Petroleum Exporting Countries reached 124%, a figure which includes the additional voluntary cut from Saudi Arabia, said one of the sources.
Compliance from non-OPEC members in the alliance reached 94%, the source added.
(Reporting by Ahmad Ghaddar; Editing by Susan Fenton)