{"id":387045,"date":"2020-12-01T08:38:23","date_gmt":"2020-12-01T03:08:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387045"},"modified":"2020-12-01T09:02:24","modified_gmt":"2020-12-01T03:32:24","slug":"opec-reaches-consensus-to-extend-oil-cuts-by-three-months-says-algeria","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-reaches-consensus-to-extend-oil-cuts-by-three-months-says-algeria\/","title":{"rendered":"OPEC reaches consensus to extend oil cuts by three months, says Algeria"},"content":{"rendered":"<p>DUBAI\/LONDON\/MOSCOW (Reuters) &#8211; OPEC members have reached a consensus on the need to extend existing oil production cuts for three months from January and will work on convincing their allies in the wider OPEC+ group to support such a move, Algeria&#8217;s minister said on Monday. <\/p>\n<p>Algerian Energy Minister Abdelmadjid Attar, holder of OPEC&#8217;s rotating presidency, was speaking shortly before OPEC ministers began talks to discuss a policy that would help producers cope with weak demand in 2021 due to the coronavirus crisis. <\/p>\n<p>&#8220;There is consensus at the OPEC level &#8230; on extending the current 7.7 million barrels per day (bpd) cuts until &#8230; the end of March,&#8221; Attar said, according to Algeria&#8217;s state news agency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI\/LONDON\/MOSCOW (Reuters) &#8211; OPEC members have reached a consensus on the need to extend existing oil production cuts for three months from January and will work on convincing their allies in the wider OPEC+ group to support such a move, Algeria&#8217;s minister said on Monday. Algerian Energy Minister Abdelmadjid Attar, holder of OPEC&#8217;s rotating presidency, was speaking shortly before OPEC ministers began talks to discuss a policy that would help producers cope with weak demand in 2021 due to the coronavirus crisis. &#8220;There is consensus at the OPEC level &#8230; on extending the current 7.7 million barrels per day (bpd) [&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],"tags":[],"class_list":["post-387045","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387045","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=387045"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387045\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}