{"id":384616,"date":"2020-11-18T08:42:07","date_gmt":"2020-11-18T03:12:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384616"},"modified":"2020-11-18T09:33:01","modified_gmt":"2020-11-18T04:03:01","slug":"saudi-calls-on-opec-to-be-flexible-as-it-weighs-oil-cut-extension","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-calls-on-opec-to-be-flexible-as-it-weighs-oil-cut-extension\/","title":{"rendered":"Saudi calls on OPEC+ to be flexible as it weighs oil cut extension"},"content":{"rendered":"<p>DUBAI\/MOSCOW\/LONDON (Reuters) &#8211; Saudi Arabia called on fellow OPEC+ members on Tuesday to be flexible in responding to oil market needs as it builds the case for a tighter oil production policy in 2021 to tackle weaker demand amid a new wave of the coronavirus pandemic. <\/p>\n<p>OPEC+, which groups the Organization of the Petroleum Exporting Countries, Russia and others, is considering delaying a plan to boost output by 2 million barrels per day (bpd), or 2% of global demand, in January to support the market. <\/p>\n<p>&#8220;We as a group do not want to give the markets any excuse to react negatively,&#8221; Saudi Energy Minister Prince Abdulaziz bin Salman said at a virtual meeting of an OPEC+ panel, the Joint Ministerial Monitoring Committee (JMMC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI\/MOSCOW\/LONDON (Reuters) &#8211; Saudi Arabia called on fellow OPEC+ members on Tuesday to be flexible in responding to oil market needs as it builds the case for a tighter oil production policy in 2021 to tackle weaker demand amid a new wave of the coronavirus pandemic. OPEC+, which groups the Organization of the Petroleum Exporting Countries, Russia and others, is considering delaying a plan to boost output by 2 million barrels per day (bpd), or 2% of global demand, in January to support the market. &#8220;We as a group do not want to give the markets any excuse to react [&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-384616","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\/384616","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=384616"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384616\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}