OPEC+ falls further behind its oil output quotas, hampered by disruptions: Platts survey

OPEC and its allies continue to underperform their increasingly lofty oil production targets, with the group falling a record 700,000 b/d short of its collective quotas in January, according to the latest S&P Global Platts survey. OPEC’s 13 countries raised output by 150,000 b/d from December, pumping 28.19 million b/d of crude, while the nine non-OPEC partners, led by Russia,…