While compliance with an OPEC-led agreement to curb production is strong, the way the deal was configured reveals output above a threshold, a survey found. A survey from S&P Global Platts found members of the Organization of Petroleum Exporting Countries produced 32.1 million barrels of oil per day in both January and February. That’s 400,000 barrels below a threshold level set in a November deal designed to offset supply-side strains that were keeping crude oil prices low. Of all the member states taking part in the agreement, Platts found compliance was 98.5 percent in February, up from the 91 percent reported in January. OPEC Secretary-General Mohammad Barkindo touted compliance during a state visit to Nigeria, saying that, when counting […]