{"id":433547,"date":"2021-09-02T08:52:59","date_gmt":"2021-09-02T03:22:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=433547"},"modified":"2021-09-02T09:19:20","modified_gmt":"2021-09-02T03:49:20","slug":"opec-sticks-to-agreed-schedule-for-oil-production-increases","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-sticks-to-agreed-schedule-for-oil-production-increases\/","title":{"rendered":"OPEC+ sticks to agreed schedule for oil-production increases"},"content":{"rendered":"<p>OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. <\/p>\n<p>Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of the quickest meetings in recent memory and a stark contrast to the drawn-out negotiations seen in July. <\/p>\n<p>\u201cOPEC have proven once again that they can meet and do things seamlessly,\u201d Christyan Malek, head of oil and gas and JPMorgan Chase &amp; Co., said on Bloomberg TV. \u201cIt\u2019s likely that harmony is going to be utilized\u201d to respond flexibly to any further shifts in the market over the coming year, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. Ministers ratified the 400,000 barrel-a-day supply hike scheduled for October after less than an hour of talks, one of the quickest meetings in recent memory and a stark contrast to the drawn-out negotiations seen in July. \u201cOPEC have proven once again that they can meet and do things seamlessly,\u201d Christyan Malek, head of oil and gas and JPMorgan Chase &amp; Co., said on Bloomberg TV. \u201cIt\u2019s likely that harmony is going to be utilized\u201d to respond flexibly to any [&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-433547","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\/433547","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=433547"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/433547\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=433547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=433547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=433547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}