{"id":36095,"date":"2020-10-26T18:10:52","date_gmt":"2020-10-26T14:10:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=36095"},"modified":"2020-10-26T18:10:53","modified_gmt":"2020-10-26T14:10:53","slug":"opecs-barkindo-economic-and-oil-demand-recovery-remain-anemic","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/opecs-barkindo-economic-and-oil-demand-recovery-remain-anemic\/10\/26\/market-updates\/","title":{"rendered":"OPEC&#8217;s Barkindo: Economic And Oil Demand Recovery Remain Anemic"},"content":{"rendered":"\n<p>The Secretary-General of OPEC said today, Monday, that OPEC+ producers do not expect oil prices to collapse again, as happened in Q2, adding that members of the alliance &#8220;will not change course&#8221; in terms of rebalancing the market.<\/p>\n\n\n\n<p>&#8220;The economic and oil demand recovery remain anemic,&#8221; the Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammad Barkindo noted on Monday, as reported by Reuters.<\/p>\n\n\n\n<p>&#8220;We do not expect a relapse to massive contraction we saw in the second quarter,&#8221; Barkindo added. &#8220;The conformity level has averaged 100%, we are determined to continue adherence.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Secretary-General of OPEC said today, Monday, that OPEC+ producers do not expect oil prices to collapse again, as happened in Q2, adding that members of the alliance &#8220;will not change course&#8221; in terms of rebalancing the market. &#8220;The economic and oil demand recovery remain anemic,&#8221; the Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammad &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-36095","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\/36095","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=36095"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36095\/revisions"}],"predecessor-version":[{"id":36096,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36095\/revisions\/36096"}],"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=36095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=36095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=36095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}