{"id":408451,"date":"2021-04-01T09:51:14","date_gmt":"2021-04-01T04:21:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=408451"},"modified":"2021-04-01T11:06:42","modified_gmt":"2021-04-01T05:36:42","slug":"opec-expected-to-stay-cautious-in-face-of-market-jitters","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-expected-to-stay-cautious-in-face-of-market-jitters\/","title":{"rendered":"OPEC+ expected to stay cautious in face of market jitters"},"content":{"rendered":"<p>Oil-producing countries grouped together under the OPEC+ alliance led by Saudi Arabia and Russia are expected to agree on an extension to their current output cuts at a meeting on Thursday. <\/p>\n<p>Their third ministerial meeting of 2021 will be held via videoconference and is scheduled to start at 1200 GMT.<\/p>\n<p>&#8220;The producer alliance is virtually guaranteed to extend current oil cuts into May,&#8221; according to Stephen Brennock of PVM, reflecting a widespread view among analysts. <\/p>\n<p>&#8220;It may even go a step further and prolong supply curbs into June,&#8221; he added, with the possibility that Russia and Kazakhstan may be given some small leeway to increase output as happened earlier in the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil-producing countries grouped together under the OPEC+ alliance led by Saudi Arabia and Russia are expected to agree on an extension to their current output cuts at a meeting on Thursday. Their third ministerial meeting of 2021 will be held via videoconference and is scheduled to start at 1200 GMT. &#8220;The producer alliance is virtually guaranteed to extend current oil cuts into May,&#8221; according to Stephen Brennock of PVM, reflecting a widespread view among analysts. &#8220;It may even go a step further and prolong supply curbs into June,&#8221; he added, with the possibility that Russia and Kazakhstan may be given [&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":[146,130,177],"tags":[],"class_list":["post-408451","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408451","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=408451"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408451\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=408451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=408451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=408451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}