{"id":440095,"date":"2021-10-05T08:20:41","date_gmt":"2021-10-05T02:50:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440095"},"modified":"2021-10-05T09:07:05","modified_gmt":"2021-10-05T03:37:05","slug":"opec-seen-keeping-oil-output-policy-unchanged-opec-sources-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-seen-keeping-oil-output-policy-unchanged-opec-sources-say\/","title":{"rendered":"OPEC+ seen keeping oil output policy unchanged, OPEC+ sources say"},"content":{"rendered":"<p>LONDON (Reuters) -OPEC and its allies are likely to stick to their existing agreement to add 400,000 barrels per day (bpd) of oil to the market in November, three OPEC+ sources said on Monday, amid consumer pressure for more supply to cool a red hot market.<\/p>\n<p>Ministers from The Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, are due to gather online at 1300 GMT. An OPEC+ ministerial panel that monitors market developments, known as JMMC, meets before that.<\/p>\n<p>Benchmark Brent crude, up 50% so far this year, surged above $80 a barrel last month and was trading around $79 on Monday, pushed up by supply disruptions and surging demand as the global economy recovers from the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -OPEC and its allies are likely to stick to their existing agreement to add 400,000 barrels per day (bpd) of oil to the market in November, three OPEC+ sources said on Monday, amid consumer pressure for more supply to cool a red hot market. Ministers from The Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, are due to gather online at 1300 GMT. An OPEC+ ministerial panel that monitors market developments, known as JMMC, meets before that. Benchmark Brent crude, up 50% so far this year, surged above $80 a barrel last month [&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-440095","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\/440095","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=440095"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440095\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}