OPEC, Russia said they are not worried about U.S. shale production
OPEC and non-OPEC producers are off to a good start in meeting the goals set in a production cut plan initiated at the start of the year, according to the group.

OPEC’s Joint Ministerial Monitoring Committee (JMMC), designed to check compliance among the countries that have agreed to cut production, met for the first time over the weekend. The JMMC said that the group of producers has already cut 1.5 MMBOPD of the agreed 1.8 MMBOPD.

"The deal is a success ...All the count...

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