{"id":32896,"date":"2020-08-19T18:41:28","date_gmt":"2020-08-19T14:41:28","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32896"},"modified":"2020-08-19T18:41:30","modified_gmt":"2020-08-19T14:41:30","slug":"opec-jmmc-meeting-is-scheduled-today-wti-waiting-for-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/opec-jmmc-meeting-is-scheduled-today-wti-waiting-for-data\/08\/19\/market-updates\/","title":{"rendered":"OPEC+ JMMC Meeting is Scheduled Today, WTI Waiting for Data"},"content":{"rendered":"\n<p>Today, Joint Ministerial Monitoring Committee (JMMC) meeting will likely be all about reviewing the bloc&#8217;s commitment to oil production curbs and assessing the compliance over the past two months.<\/p>\n\n\n\n<p>According to Reuters, July\u2019s compliance of OPEC+ with oil output cuts was expected to reach 97%, down from 107% in June.<\/p>\n\n\n\n<p>Meanwhile, oil traders are waiting for US oil inventories reports scheduled today. The weekly petroleum status report by the US energy information administration is expected to show a 2.6 million decline in crude inventories.<\/p>\n\n\n\n<p>In the meantime, the barrel of West Texas Intermediate is trading around at $42.45 for the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, Joint Ministerial Monitoring Committee (JMMC) meeting will likely be all about reviewing the bloc&#8217;s commitment to oil production curbs and assessing the compliance over the past two months. According to Reuters, July\u2019s compliance of OPEC+ with oil output cuts was expected to reach 97%, down from 107% in June. Meanwhile, oil traders are waiting &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6846,6876,7004,6909],"class_list":["post-32896","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-oil","tag-opec","tag-opec-2","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32896"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32896\/revisions"}],"predecessor-version":[{"id":32897,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32896\/revisions\/32897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32612"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}