OPEC makes virtually all of pledged supply cut: survey

The 11 members bound by output targets pumped 27.36 million bpd, down from 27.62 million bpd in November and close to their December target of 27.3 million bpd, the survey found.

That means the group has met virtually all of its pledge to lower supply to 27.3 million bpd from November 1.