{"id":33957,"date":"2020-09-14T16:16:16","date_gmt":"2020-09-14T12:16:16","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33957"},"modified":"2020-09-14T17:44:46","modified_gmt":"2020-09-14T13:44:46","slug":"opec-needs-to-contend-with-a-daily-surplus-of-more-than-2m-barrels-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/opec-needs-to-contend-with-a-daily-surplus-of-more-than-2m-barrels-2\/09\/14\/market-updates\/","title":{"rendered":"OPEC Monthly Report: The Global Economic Growth Forecast Reduced to -4.1% in 2020"},"content":{"rendered":"\n<p>OPEC Monthly Report:<\/p>\n\n\n\n<p>Reducing global economic growth forecasts to -4.1% in 2020<\/p>\n\n\n\n<p>The economic growth forecast for 2021 was left unchanged at 4.7%<\/p>\n\n\n\n<p>Reducing Forecast for global oil demand growth by 0.4 million barrels per day in 2020<\/p>\n\n\n\n<p>Raising Forecast of growth in non-OPEC supplies by 360 thousand barrels per day in 2020<\/p>\n\n\n\n<p>Raising Forecast of growth in non-OPEC supplies by 371 thousand barrels per day in 2020<\/p>\n\n\n\n<p>Reducing Forecast of demand growth for OPEC oil by 0.7 million barrels per day in 2020<\/p>\n\n\n\n<p>Reducing Forecast of demand growth for OPEC oil by 1.1 million barrels per day in 2021<\/p>\n\n\n\n<p>Crude oil prices edged slightly higher in the last minutes. As of writing, the barrel of West Texas Intermediate (WTI) was trading at $37.33, gaining 0.1% on the day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC Monthly Report: Reducing global economic growth forecasts to -4.1% in 2020 The economic growth forecast for 2021 was left unchanged at 4.7% Reducing Forecast for global oil demand growth by 0.4 million barrels per day in 2020 Raising Forecast of growth in non-OPEC supplies by 360 thousand barrels per day in 2020 Raising Forecast &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32818,"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":[6876],"class_list":["post-33957","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-opec"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33957","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=33957"}],"version-history":[{"count":5,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33957\/revisions"}],"predecessor-version":[{"id":33970,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33957\/revisions\/33970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32818"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}