{"id":541020,"date":"2022-12-05T12:59:36","date_gmt":"2022-12-05T07:29:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=541020"},"modified":"2022-12-05T13:24:44","modified_gmt":"2022-12-05T07:54:44","slug":"opec-oil-cartel-to-stick-to-its-oil-output-targets-in-face-of-moscow-sanctions-uncertainty","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-oil-cartel-to-stick-to-its-oil-output-targets-in-face-of-moscow-sanctions-uncertainty\/","title":{"rendered":"Opec oil cartel to stick to its oil output targets in face of Moscow sanctions uncertainty"},"content":{"rendered":"<p>Opec+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply.<\/p>\n<p>The decision comes two days after the Group of Seven (G7) nations agreed a price cap on Russian oil, which takes effect on Monday.<\/p>\n<p>Opec+, which comprises the Organization of the Petroleum Exporting Countries (Opec) and allies including Russia, angered the US and other Western nations in October when it agreed to cut output by 2 million barrels per day (bpd), about 2 per cent of world demand, from November until the end of 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opec+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil on supply. The decision comes two days after the Group of Seven (G7) nations agreed a price cap on Russian oil, which takes effect on Monday. Opec+, which comprises the Organization of the Petroleum Exporting Countries (Opec) and allies including Russia, angered the US and other Western nations in October when it agreed to cut output by 2 million barrels per day [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-541020","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541020","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=541020"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541020\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=541020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=541020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=541020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}