{"id":38877,"date":"2022-07-01T15:27:46","date_gmt":"2022-07-01T07:27:46","guid":{"rendered":"https:\/\/www.newtopchem.com\/archives\/38877"},"modified":"2022-07-01T15:27:46","modified_gmt":"2022-07-01T07:27:46","slug":"opec-and-non-opec-producers-decide-to-increase-oil-output-by-648000-barrels-per-day-in-august","status":"publish","type":"post","link":"http:\/\/www.newtopchem.com\/archives\/38877","title":{"rendered":"OPEC and non-OPEC producers decide to increase oil output by 648,000 barrels per day in August","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p><\/p>\n<p> According to CCTV news client news, on June 30, local time, the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries held the 30th ministerial meeting by video.  <\/p>\n<p> In view of the current oil market conditions and consensus on its outlook, the parties reaffirmed the decision made at the 10th OPEC and non-OPEC ministerial meeting to reduce overall crude oil production and subsequent decisions, including OPEC and non-OPEC producers  The production adjustment plan and monthly production adjustment mechanism approved by the 19th and 29th ministerial meetings of OPEC oil-producing countries decided to increase the total oil production in August 2022 by an average of 648,000 barrels per day (0.648 mb\/d).  <\/p>\n<p>The meeting reiterated the importance of fully complying with and utilizing the compensation mechanism, which should be submitted in accordance with the OPEC and non-OPEC 15th Ministerial Conference Statement.  <\/p>\n<p> The meeting also decided to hold the 31st ministerial meeting of OPEC and non-OPEC oil-producing countries on August 3 this year.  <\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>According to CCTV news client news, on June 30, local t&#8230;<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[12934,12933],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts\/38877"}],"collection":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/comments?post=38877"}],"version-history":[{"count":0,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts\/38877\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/media?parent=38877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/categories?post=38877"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/tags?post=38877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}