OPEC+ continues to under-produce quotasWTI crude oil is up $1.75 today to $104.80. It had earlier been as high as $106.28.There's plenty of talk about OPEC pumping more but there's a decent case that OPEC doesn't have as much spare capacity as it claims. Two OPEC+ sources cited by Reuters said compliance with oil production cuts rose to
Source: OPEC+ continues to under-produce quotas (https://www.forexlive.com/news/opec-continues-to-under-produce-quotas-20220318/)
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