{"id":421835,"date":"2021-06-23T08:41:53","date_gmt":"2021-06-23T03:11:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=421835"},"modified":"2021-06-23T09:35:25","modified_gmt":"2021-06-23T04:05:25","slug":"opec-discusses-crude-output-hike-in-preparation-for-next-meeting","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-discusses-crude-output-hike-in-preparation-for-next-meeting\/","title":{"rendered":"Opec+ discusses crude output hike in preparation for next meeting"},"content":{"rendered":"<p>The Organization of the Petroleum Exporting Countries and allies, known as Opec+, is discussing whether to further boost production at next week\u2019s meeting as the oil market looks increasingly tight.<\/p>\n<p>Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter. Other Opec+ nations are also discussing a potential supply hike in August, although specific numbers haven\u2019t been mentioned, said a delegate. <\/p>\n<p>Crude just hit $75 a barrel in London for the first time in two years as a strong recovery in demand from the Covid-19 pandemic encounters supply constraints.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organization of the Petroleum Exporting Countries and allies, known as Opec+, is discussing whether to further boost production at next week\u2019s meeting as the oil market looks increasingly tight. Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter. Other Opec+ nations are also discussing a potential supply hike in August, although specific numbers haven\u2019t been mentioned, said a delegate. Crude just hit $75 a barrel in London for the first time in two years as a strong recovery in demand from the [&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-421835","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\/421835","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=421835"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421835\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=421835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=421835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=421835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}