{"id":2822,"date":"2022-09-05T07:52:42","date_gmt":"2022-09-05T07:52:42","guid":{"rendered":"https:\/\/gulftimes.ae\/opec-considering-oil-output-cut-of-100k-bpd-in-latest-meeting-reuters\/"},"modified":"2022-09-05T07:52:42","modified_gmt":"2022-09-05T07:52:42","slug":"opec-considering-oil-output-cut-of-100k-bpd-in-latest-meeting-reuters","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=2822","title":{"rendered":"OPEC+\u00a0considering oil output cut of 100k bpd in latest meeting: Reuters"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Mon, 2022-09-05 10:45<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tRIYADH: Oil output by the Organization of the Petroleum Exporting Countries and its allies could be cut by 100,000 barrels per day following a meeting of the group on Monday, according to a source.<\/p>\n<p>\n\tReuters is reporting that the organization, known as OPEC+, is weighing up the move to bolster prices, despite supplies remaining tight.<\/p>\n<p>\n\tOPEC+, which includes Russia, agreed to increase output by 648,000 bpd in both July and August, as they fully unwind nearly 10 million bpd of cuts implemented in May 2020 to counter the COVID-19 pandemic.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2156476\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mon, 2022-09-05 10:45 RIYADH: Oil output by the Organization of the Petroleum Exporting Countries and its&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-2822","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v27.4) - 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