{"id":651183,"date":"2025-11-03T11:36:27","date_gmt":"2025-11-03T06:06:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=651183"},"modified":"2025-11-03T12:09:26","modified_gmt":"2025-11-03T06:39:26","slug":"oil-output-move-opec-announces-fresh-137000-bpd-hike-from-december-aims-to-protect-market-share-amid-us-shale-slowdown","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-output-move-opec-announces-fresh-137000-bpd-hike-from-december-aims-to-protect-market-share-amid-us-shale-slowdown\/","title":{"rendered":"Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown"},"content":{"rendered":"<p>The eight key members of the Opec+ alliance, including Saudi Arabia and Russia, have agreed to raise oil production by 137,000 barrels per day (bpd) starting December, marking a modest increase that will hold steady for three months, the group said in a statement after a virtual meeting on Sunday, AFP reported.<\/p>\n<p>The move, aligned with analyst expectations, represents a pause in the series of monthly hikes that began in April, as the group \u2014 known as the Voluntary Eight (V8) \u2014 seeks to consolidate market share amid steady oil prices and waning US shale output.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The eight key members of the Opec+ alliance, including Saudi Arabia and Russia, have agreed to raise oil production by 137,000 barrels per day (bpd) starting December, marking a modest increase that will hold steady for three months, the group said in a statement after a virtual meeting on Sunday, AFP reported. The move, aligned with analyst expectations, represents a pause in the series of monthly hikes that began in April, as the group \u2014 known as the Voluntary Eight (V8) \u2014 seeks to consolidate market share amid steady oil prices and waning US shale output.<\/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":[130,219,137],"tags":[],"class_list":["post-651183","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/651183","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=651183"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/651183\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=651183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=651183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=651183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}