{"id":489696,"date":"2022-05-06T10:32:17","date_gmt":"2022-05-06T05:02:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=489696"},"modified":"2022-05-06T12:05:05","modified_gmt":"2022-05-06T06:35:05","slug":"opec-eye-modest-supply-boost-as-demand-dented-by-china-covid-rules","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-eye-modest-supply-boost-as-demand-dented-by-china-covid-rules\/","title":{"rendered":"OPEC+ eye modest supply boost as demand dented by China Covid rules"},"content":{"rendered":"<p>OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions in China. <\/p>\n<p>Russia&#8217;s invasion of Ukraine has also added to supply concerns, which have increased with Europe&#8217;s announced moves on a potential Russian oil embargo.<\/p>\n<p>Prices soared on Wednesday, with Brent North Sea crude closing above $110 a barrel, its highest level in two and a half weeks. <\/p>\n<p>But analysts said the new surge would not shake the 13 members of the Organisation of Petroleum Exporting Countries (OPEC), led by Riyadh, and their 10 partners led by Moscow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions in China. Russia&#8217;s invasion of Ukraine has also added to supply concerns, which have increased with Europe&#8217;s announced moves on a potential Russian oil embargo. Prices soared on Wednesday, with Brent North Sea crude closing above $110 a barrel, its highest level in two and a half weeks. But analysts said the new surge would not shake the 13 members of the Organisation of Petroleum Exporting Countries (OPEC), led by Riyadh, and their 10 partners led by [&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-489696","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\/489696","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=489696"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489696\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=489696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=489696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=489696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}