Highlights Monitoring committee meets to review output cut compliance 2.375 mil b/d compensation cuts due for May-Aug excess Prince Abdulaziz calls for all compensation delivered by year-end London — Saudi energy minister Prince Abdulaziz bin Salman delivered yet another warning to OPEC+ compliance laggards, saying at a Sept. 17 monitoring committee meeting that failing to execute pledged production cuts was undermining the alliance’s efforts to rebalance the oil market. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Repeated promises that are not carried through in a timely fashion may have temporary positive impact, but if these are not delivered, they can come back to bite us all,” he said in his opening remarks to the Joint Ministerial Monitoring Committee. “The market can’t be fooled continually. These false promises not only discredit those who make them, but also weaken our collective goal.” OPEC and its allies […]