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Money News

OPEC+ mulls curbing oil output via better compliance: source

FILE PHOTO: Damaged tanks are seen at the oil port of Ras Lanuf, Libya, January 11, 2017. REUTERS/Esam Omran Al-Fetori/File Photo

ABU DHABI (Reuters) - OPEC and its allies, known as OPEC+, are discussing improving compliance with oil output cuts, which would deliver an effective reduction in output of around 400,000 barrels per day, an OPEC+ source told Reuters.

Reporting by Rania el Gamal; Editing by Dmitry Zhdannikov

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