{"id":387342,"date":"2020-12-02T11:40:24","date_gmt":"2020-12-02T06:10:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=387342"},"modified":"2020-12-02T11:40:24","modified_gmt":"2020-12-02T06:10:24","slug":"opec-output-cuts-set-to-be-extended-past-january","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-output-cuts-set-to-be-extended-past-january\/","title":{"rendered":"OPEC output cuts set to be extended past January"},"content":{"rendered":"<p>NEW DELHI: OIL supplier cartel Organisation of Petroleum Exporting Countries (OPEC) hasn\u2019t yet reached a consensus on whether it should extend production cuts placed earlier this year past their agreed upon deadline in January. However, comments by ministers of a few member countries post the meeting suggest that while no full consensus has been reached yet, the organisation is likely to extend them past their cut off date. <\/p>\n<p>While the 16 members of the OPEC held a meeting virtually on Monday, Tuesday will see another meeting with the members of the larger OPEC+ conglomeration\u2014which includes countries such as Russia. The OPEC+ alliance had in April agreed to an extension of an earlier production cut in order to keep the crude oil market afloat during the worst of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: OIL supplier cartel Organisation of Petroleum Exporting Countries (OPEC) hasn\u2019t yet reached a consensus on whether it should extend production cuts placed earlier this year past their agreed upon deadline in January. However, comments by ministers of a few member countries post the meeting suggest that while no full consensus has been reached yet, the organisation is likely to extend them past their cut off date. While the 16 members of the OPEC held a meeting virtually on Monday, Tuesday will see another meeting with the members of the larger OPEC+ conglomeration\u2014which includes countries such as Russia. The [&hellip;]<\/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":[130,207,143],"tags":[],"class_list":["post-387342","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387342","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=387342"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/387342\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=387342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=387342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=387342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}