# OPEC and non-OPEC producers added a 558-thousand-barrel-per-day reduction target

Date: 2016

_No public text on this fact yet._

## Drivers

- Global Oil-Market Balance: https://factrail.ai/drivers/global-oil-market-balance

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/opec-nonopec-declaration-cooperation-558-kbd-december-2016