{"id":57681,"date":"2022-01-03T13:18:00","date_gmt":"2022-01-03T09:18:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=57681"},"modified":"2022-01-03T16:19:26","modified_gmt":"2022-01-03T12:19:26","slug":"reuters-opec-is-closer-to-fixing-its-production-plans-in-february","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/reuters-opec-is-closer-to-fixing-its-production-plans-in-february\/01\/03\/market-updates\/","title":{"rendered":"Reuters: OPEC is Closer to Fixing Its Production Plans in February"},"content":{"rendered":"\n<p>Three sources from the OPEC + group said that the alliance is closer to committing to its plans to increase production in February, with a slight and short-term impact on demand from the Coronavirus, Omicron is likely.<\/p>\n\n\n\n<p>In a technical report seen by Reuters on Sunday, OPEC+ downplayed Omicron&#8217;s impact on the oil market, especially with the stable economic outlook in both advanced and emerging economies.<\/p>\n\n\n\n<p>The International Energy Agency said last month that OPEC+ oil producers failed to meet their production targets by 650,000 bpd in November and 730,000 bpd in October.<\/p>\n\n\n\n<p>OPEC will hold a meeting on Monday at 1 pm GMT to discuss the appointment of a new secretary-general to succeed President Muhammad Barkindo, and sources told Reuters last week that Haitham Al-Ghais, the former governor of the OPEC country, is expected to get the position because he enjoys broad support from member countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three sources from the OPEC + group said that the alliance is closer to committing to its plans to increase production in February, with a slight and short-term impact on demand from the Coronavirus, Omicron is likely. In a technical report seen by Reuters on Sunday, OPEC+ downplayed Omicron&#8217;s impact on the oil market, especially &hellip;<\/p>\n","protected":false},"author":9,"featured_media":54085,"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":[38,36],"tags":[8166,7004,8415,8416,8164,7685],"class_list":["post-57681","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-omicron","tag-opec-2","tag-opec-meeting","tag-production-policy","tag-travel","tag-wti-crude-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57681","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=57681"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57681\/revisions"}],"predecessor-version":[{"id":57682,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/57681\/revisions\/57682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54085"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=57681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=57681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=57681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}