{"id":378723,"date":"2020-10-16T09:29:42","date_gmt":"2020-10-16T03:59:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378723"},"modified":"2020-10-16T10:01:26","modified_gmt":"2020-10-16T04:31:26","slug":"opec-to-ensure-oil-prices-do-not-plunge-again","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-to-ensure-oil-prices-do-not-plunge-again\/","title":{"rendered":"OPEC+ to ensure oil prices do not plunge again"},"content":{"rendered":"<p>The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC&#8217;s Secretary General said on Thursday, adding that demand has been recovering more slowly than expected. <\/p>\n<p>&#8220;I want to assure you that the OPEC, non-OPEC partnership will continue to do what it knows best, by ensuring that we don&#8217;t relapse into this almost historic plunge that we saw,&#8221; Mohammad Barkindo said.<\/p>\n<p>Barkindo was answering a question at the Energy Intelligence Forum on whether there was room for a planned increase in oil output from January by OPEC+, a grouping that includes OPEC states, Russia and other allies.<\/p>\n<p>&#8220;We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year,&#8221; he said. &#8220;Demand itself is still looking anaemic.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC&#8217;s Secretary General said on Thursday, adding that demand has been recovering more slowly than expected. &#8220;I want to assure you that the OPEC, non-OPEC partnership will continue to do what it knows best, by ensuring that we don&#8217;t relapse into this almost historic plunge that we saw,&#8221; Mohammad Barkindo said. Barkindo was answering a question at the Energy Intelligence Forum on whether there was room for a planned increase in oil output from January by OPEC+, [&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":[146,130,177],"tags":[],"class_list":["post-378723","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378723","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=378723"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378723\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}