{"id":378487,"date":"2020-10-15T08:39:21","date_gmt":"2020-10-15T03:09:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378487"},"modified":"2020-10-15T09:24:17","modified_gmt":"2020-10-15T03:54:17","slug":"opec-oil-output-boost-to-leave-market-in-precarious-balance-iea-says","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-oil-output-boost-to-leave-market-in-precarious-balance-iea-says\/","title":{"rendered":"OPEC+ oil output boost to leave market in precarious balance, IEA says"},"content":{"rendered":"<p>The outlook for oil \u201cremains fragile\u201d as the pandemic depresses demand, and OPEC\u2019s plans to increase supply next year will leave global markets precariously balanced, the International Energy Agency said. <\/p>\n<p>\u201cThere is a risk that the demand recovery is stalled by the recent increase in Covid-19 cases in many countries,\u201d the IEA said in its monthly market report. <\/p>\n<p>At the same time, markets are set to receive fresh supplies in January as OPEC and its partners relax some of the measures they\u2019ve taken to prevent a glut. Once the taps are opened, \u201cthere is only limited headroom for the market to absorb\u201d anything more, the Paris-based agency said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The outlook for oil \u201cremains fragile\u201d as the pandemic depresses demand, and OPEC\u2019s plans to increase supply next year will leave global markets precariously balanced, the International Energy Agency said. \u201cThere is a risk that the demand recovery is stalled by the recent increase in Covid-19 cases in many countries,\u201d the IEA said in its monthly market report. At the same time, markets are set to receive fresh supplies in January as OPEC and its partners relax some of the measures they\u2019ve taken to prevent a glut. Once the taps are opened, \u201cthere is only limited headroom for the market [&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":[135,130,169],"tags":[],"class_list":["post-378487","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378487","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=378487"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378487\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}