{"id":420057,"date":"2021-06-14T08:36:54","date_gmt":"2021-06-14T03:06:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420057"},"modified":"2021-06-14T08:52:19","modified_gmt":"2021-06-14T03:22:19","slug":"opec-will-need-to-boost-output-to-meet-2022-demand-recovery-iea-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-will-need-to-boost-output-to-meet-2022-demand-recovery-iea-2\/","title":{"rendered":"OPEC+ will need to boost output to meet 2022 demand recovery: IEA"},"content":{"rendered":"<p>OPEC+ oil producers will need to boost their output in order to meet demand set to recover to pre-pandemic levels by the end of 2022, the International Energy Agency said on Friday.<\/p>\n<p>&#8220;OPEC+ needs to open the taps to keep the world oil markets adequately supplied,&#8221; the Paris-based energy watchdog said, adding that rising demand and countries&#8217; short-term policies were at odds with the IEA&#8217;s call to end new oil, gas and coal funding in a stark report issued last month. <\/p>\n<p>&#8220;In 2022 there is scope for the 24-member OPEC+ group, led by Saudi Arabia and Russia, to ramp up crude supply by 1.4 million barrels per day (bpd) above its July 2021-March 2022 target,&#8221; it said in its monthly oil report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC+ oil producers will need to boost their output in order to meet demand set to recover to pre-pandemic levels by the end of 2022, the International Energy Agency said on Friday. &#8220;OPEC+ needs to open the taps to keep the world oil markets adequately supplied,&#8221; the Paris-based energy watchdog said, adding that rising demand and countries&#8217; short-term policies were at odds with the IEA&#8217;s call to end new oil, gas and coal funding in a stark report issued last month. &#8220;In 2022 there is scope for the 24-member OPEC+ group, led by Saudi Arabia and Russia, to ramp up [&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-420057","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\/420057","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=420057"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420057\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}