{"id":477110,"date":"2022-03-21T11:21:28","date_gmt":"2022-03-21T05:51:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=477110"},"modified":"2022-03-21T12:29:08","modified_gmt":"2022-03-21T06:59:08","slug":"opec-compliance-rises-to-136-in-february","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-compliance-rises-to-136-in-february\/","title":{"rendered":"OPEC+ compliance rises to 136% in February"},"content":{"rendered":"<p>OPEC+ compliance with oil production cuts rose to 136% in February from 129% in January, as the producer group continues to under deliver on its output targets, according to two sources from the producer group.<\/p>\n<p>A high compliance rate indicates that the group is producing below its output targets as several members struggle to raise output as OPEC+ gradually unwinds its production cuts.<\/p>\n<p>The International Energy Agency this week said OPEC+ was producing 1.1 million fewer barrels per day (bpd) than its March target. <\/p>\n<p>Several major consuming nations, including the United States, have called on OPEC+ to raise its output at a faster rate, particularly as Western sanctions are expected to curtail Russia&#8217;s production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC+ compliance with oil production cuts rose to 136% in February from 129% in January, as the producer group continues to under deliver on its output targets, according to two sources from the producer group. A high compliance rate indicates that the group is producing below its output targets as several members struggle to raise output as OPEC+ gradually unwinds its production cuts. The International Energy Agency this week said OPEC+ was producing 1.1 million fewer barrels per day (bpd) than its March target. Several major consuming nations, including the United States, have called on OPEC+ to raise its output [&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":[146,130,177],"tags":[],"class_list":["post-477110","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/477110","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=477110"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/477110\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=477110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=477110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=477110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}