February 19, 2018 / 11:43 AM / 10 months ago

January compliance with oil reduction pact 133 percent - OPEC's Barkindo

FILE PHOTO - OPEC Secretary-General Mohammad Barkindo listens during a news conference in Vienna, Austria, November 7, 2017. REUTERS/Heinz-Peter Bader

ABUJA (Reuters) - OPEC Secretary-General Mohammad Barkindo said on Monday the organisation registered 133 percent compliance with agreed output reduction targets in January across all participating OPEC and non-OPEC countries.

Barkindo said compliance last year stood at 107 percent and that OPEC and non-OPEC producers would hold a technical meeting in June.

Reporting by Paul Carsten; writing by Chijioke Ohuocha; editing by Jason Neely

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