{"id":384606,"date":"2020-11-18T08:45:08","date_gmt":"2020-11-18T03:15:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384606"},"modified":"2020-11-18T09:34:17","modified_gmt":"2020-11-18T04:04:17","slug":"panel-at-opec-group-anticipates-weaker-oil-demand-in-2021-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/panel-at-opec-group-anticipates-weaker-oil-demand-in-2021-report\/","title":{"rendered":"Panel at OPEC+ group anticipates weaker oil demand in 2021: Report"},"content":{"rendered":"<p>OPEC and its allies have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, a confidential document seen by Reuters shows, supporting the case for a tighter supply policy next year. <\/p>\n<p>&#8220;For 2021, oil demand is expected to grow by 6.2 million barrels per day, year on year, representing a downward revision of 0.3 million barrels per day compared to last month&#8217;s assessment,&#8221; the report by a panel of officials from OPEC+ producers, called the Joint Technical Committee (JTC), said. <\/p>\n<p>The JTC has met virtually on Monday ahead of the meeting of the Joint Ministerial Monitoring Committee, which meets on Tuesday and can recommend policy steps to OPEC+.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC and its allies have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, a confidential document seen by Reuters shows, supporting the case for a tighter supply policy next year. &#8220;For 2021, oil demand is expected to grow by 6.2 million barrels per day, year on year, representing a downward revision of 0.3 million barrels per day compared to last month&#8217;s assessment,&#8221; the report by a panel of officials from OPEC+ producers, called the Joint Technical Committee (JTC), said. The JTC has met virtually on Monday ahead of the meeting of the Joint Ministerial Monitoring [&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-384606","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\/384606","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=384606"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384606\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}