{"id":440097,"date":"2021-10-05T08:21:50","date_gmt":"2021-10-05T02:51:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440097"},"modified":"2021-10-05T09:07:30","modified_gmt":"2021-10-05T03:37:30","slug":"opec-panel-recommends-sticking-to-oil-output-plan-sources-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-panel-recommends-sticking-to-oil-output-plan-sources-say\/","title":{"rendered":"OPEC+ panel recommends sticking to oil output plan, sources say"},"content":{"rendered":"<p>LONDON (Reuters) -A OPEC+ ministerial panel has recommended that the oil producing group stick to an existing pact to hike oil output by 400,000 barrels per day (bpd) in November, OPEC+ sources said on Monday, despite consumer calls for more oil and cheaper crude.<\/p>\n<p>The Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, is under pressure from big consumers, such as the United States and India, to add extra supplies to cool prices that have surged 50% this year.<\/p>\n<p>Brent climbed above $80 a barrel last month, adding to global inflationary pressures and threatening a recovery from the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -A OPEC+ ministerial panel has recommended that the oil producing group stick to an existing pact to hike oil output by 400,000 barrels per day (bpd) in November, OPEC+ sources said on Monday, despite consumer calls for more oil and cheaper crude. The Organization of the Petroleum Exporting Countries, Russia and their allies, known as OPEC+, is under pressure from big consumers, such as the United States and India, to add extra supplies to cool prices that have surged 50% this year. Brent climbed above $80 a barrel last month, adding to global inflationary pressures and threatening a [&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-440097","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\/440097","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=440097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}