Investing.com - Compliance by non-OPEC producers seen key in achieving output cut goals.
Non-OPEC producers led by Russia agreed in December to cut production by 558,000 bpd.
OPEC agreed cut of 1.2 mn bdp in November as Russia committed to cut of 300,000 bpd.
Cuts to be implemented from start of this year for six months. Russia to fully implement from spring.
Some non-OPEC producers such as Malaysia have announced implementation plans, others yet to do so.
Some producers such as Russia have track record of failing to deliver previous agreed cuts.
Others such as Azerbaijan, Kazakhstan may also pass off natural declines in output as actual cuts.
Mexico, a lynchpin in delivering previous cuts, faces domestic unrest due to rising gasoline prices.
Output of producers such as U.S., Canada, Brazil and Norway also key factor in reducing global glut.