The level of execution of the OPEC+ agreement amounted to 120% in September

Countries participating in the agreement to reduce oil production by OPEC for the first nine months of 2017 has fulfilled its obligations to 120 percent, reports TASS with reference to the press service of OPEC.

"The level of execution of the agreement OPEC and non-OPEC in September 2017 has reached 120 percent," - stated in the message.

It is also noted that the Ministerial monitoring Committee of OPEC will continue to monitor the factors influencing the process of rebalancing of the oil market.

"All options for the further implementation of the agreement remains open", - underline in a press-service.

The next meeting of the Ministerial monitoring Committee scheduled for November 29 - the day before the main conference in Vienna. It will discuss the question of a possible extension of the deal on limiting the production of oil after March 2018.

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