{"id":278585,"date":"2019-06-14T07:28:43","date_gmt":"2019-06-14T07:28:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=278585"},"modified":"2019-06-14T07:28:43","modified_gmt":"2019-06-14T07:28:43","slug":"opec-russia-nearing-accord-on-long-term-oil-supply-coordination-nikkei","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-russia-nearing-accord-on-long-term-oil-supply-coordination-nikkei\/","title":{"rendered":"OPEC, Russia nearing accord on long term oil supply coordination: Nikkei"},"content":{"rendered":"<p>OPEC and other producers including Russia are in final talks for an agreement, that may be signed in early July, to cooperate on oil supplies on a long-term basis, Japan&#8217;s Nikkei reported, citing Russian Energy Minister Alexander Novak. <\/p>\n<p>Novak also told the Nikkei that discussions with OPEC on moving the date of the meeting to early July from the originally-planned dates of June 25-26 were nearly finalised. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers have since January 1 implemented a deal to cut output by 1.2 million barrels per day to support prices. <\/p>\n<p>The alliance, known as \u201cOPEC+\u201d, was due to meet on June 25-26 or in early July to decide whether to extend the pact. A proposal to create a formal body was abandoned earlier this year after the U.S. Congress started moves to legislate against cartels in the oil industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC and other producers including Russia are in final talks for an agreement, that may be signed in early July, to cooperate on oil supplies on a long-term basis, Japan&#8217;s Nikkei reported, citing Russian Energy Minister Alexander Novak. Novak also told the Nikkei that discussions with OPEC on moving the date of the meeting to early July from the originally-planned dates of June 25-26 were nearly finalised. The Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers have since January 1 implemented a deal to cut output by 1.2 million barrels per day to support prices. The alliance, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-278585","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=278585"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278585\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=278585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=278585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=278585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}