{"id":381216,"date":"2020-10-29T11:28:43","date_gmt":"2020-10-29T05:58:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381216"},"modified":"2020-10-29T11:28:43","modified_gmt":"2020-10-29T05:58:43","slug":"demand-issues-to-overshadow-opec-supply-next-year-aramco-trading-arm-chief","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/demand-issues-to-overshadow-opec-supply-next-year-aramco-trading-arm-chief\/","title":{"rendered":"Demand issues to overshadow OPEC+ supply next year: Aramco trading arm chief"},"content":{"rendered":"<p>The Organization of the Petroleum Exporting Countries (OPEC) and its allies will have to contend with a &#8220;lot of demand issues&#8221; before raising supply in January 2021, given throughput cuts by oil refiners, the head of Saudi Aramco&#8217;s trading arm said.<\/p>\n<p>OPEC and its allies plan to raise production by 2 million barrels per day (bpd) from January after record output cuts this year as the coronavirus pandemic hammered demand, taking overall reductions to about 5.7 million bpd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organization of the Petroleum Exporting Countries (OPEC) and its allies will have to contend with a &#8220;lot of demand issues&#8221; before raising supply in January 2021, given throughput cuts by oil refiners, the head of Saudi Aramco&#8217;s trading arm said. OPEC and its allies plan to raise production by 2 million barrels per day (bpd) from January after record output cuts this year as the coronavirus pandemic hammered demand, taking overall reductions to about 5.7 million bpd.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-381216","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381216","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381216"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381216\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}