{"id":41073,"date":"2022-11-30T07:00:00","date_gmt":"2022-11-30T05:00:00","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&p=41073"},"modified":"2022-11-28T11:50:26","modified_gmt":"2022-11-28T09:50:26","slug":"opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/","title":{"rendered":"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023"},"content":"\n \n \n \nThe Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day.\n\n \n \n\n\n \n \n \nSaudi Energy Minister Prince Abdulaziz bin Salman in a statement categorically denied recent reports that the kingdom is discussing with other ‘OPEC+’ producers a 500,000 barrel production increase. per day.\n\n \n \n\n\n \n \n \n“OPEC+ does not discuss any decision before its meetings…knowing that OPEC+’s current cut of two million barrels per day will continue through the end of 2023. If there is a need to take additional measures to reduce production in order to restore the balance between supply and demand, we are always ready to intervene,” he said.\n\n \n \n\n\n \n \n \nFor his part, UAE Energy Minister Suhail Al Mazrouei said on November 22 that his country is committed to achieving the “OPEC+” goal of supporting market balance, noting that his country supports any decision to achieve this objective.\n\n \n \n\n\n \n \n \nAl-Mazrouei denied, in a tweet, any discussion with members of “OPEC +” regarding the decision to reduce current production, valid until 2023.\n\n \n \n\n\n \n \n \nOn October 5, the “OPEC+” coalition, led by Saudi Arabia, announced a production cut of two million barrels per day, starting in November 2022, but the decision was met with anger from the countries western countries, led by the United States.\n\n \n \n\n\n \n \n \nThe OPEC+ countries have agreed to adjust the frequency of the monthly meetings of the Joint Ministerial Monitoring Committee (JMMC) which will now be held every two months and hold the ministerial meeting every 6 months in accordance with the regular conference scheduled by the ‘OPEC.\n\n \n \n\n\n \n \n \nWhile cooperation within the alliance has been extended until the end of 2023 instead of the end of this year.\n\n \n \n\n\n \n \n \nIn 2016, OPEC members teamed up with ten other producing countries to limit their production: Russia, Mexico, Kazakhstan, Azerbaijan, Bahrain, Brunei, Malaysia, Oman, Sudan and South Sudan. This alliance is now known as \u201cOPEC+\u201d.\n\n \n \n\n\n \n \n \nSource : Anadolu Agency\n\n \n \n\n","author":15,"featured_media":23382,"comment_status":"open","ping_status":"closed","template":"","tags":[5754,5761,5751,5812,5827,6165,5759,5762],"location":[6181,6053],"class_list":["post-41073","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economy","tag-hydrocarbons","tag-oil","tag-opec","tag-politics","tag-trending","location-saoudi-arabia","location-united-arab-emirates"],"short_url":"https:\/\/bit.ly\/3F1bIoE","have_related_news":"done","chapo":"The energy ministers of Saudi Arabia and the United Arab Emirates have denied that there is any discussion of an increase in oil production by the \"OPEC +\" alliance, while stressing the continuation of the agreement until at the end of 2023.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4-550x360.png 550w","sizes":"550px","alt":"Tunisie : Zenith Energy (Canada) va racheter 22,5% de KUFPEC Tunisie pour acc\u00e9der au champ p\u00e9trolif\u00e8re de Sidi El Kilani","width":550,"height":360,"ratio":0.76,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4-865x658.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4-865x658.png 1170w","sizes":"1170px","alt":"Tunisie : Zenith Energy (Canada) va racheter 22,5% de KUFPEC Tunisie pour acc\u00e9der au champ p\u00e9trolif\u00e8re de Sidi El Kilani","width":1170,"height":658,"ratio":0.76,"credit_photo":""},"acf":[],"yoast_head":"\nOPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Ecomnews Med\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-28T09:50:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4.png\" \/>\n\t<meta property=\"og:image:width\" content=\"944\" \/>\n\t<meta property=\"og:image:height\" content=\"718\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/\",\"name\":\"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med\",\"isPartOf\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#website\"},\"datePublished\":\"2022-11-30T05:00:00+00:00\",\"dateModified\":\"2022-11-28T09:50:26+00:00\",\"description\":\"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/www.ecomnewsmed.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#website\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/\",\"name\":\"Ecomnews Med\",\"description\":\"Semua informasi ekonomis dalam waktu singkat.\",\"publisher\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ecomnewsmed.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#organization\",\"name\":\"Ecomnewsmed\",\"url\":\"https:\/\/www.ecomnewsmed.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png\",\"contentUrl\":\"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png\",\"width\":250,\"height\":250,\"caption\":\"Ecomnewsmed\"},\"image\":{\"@id\":\"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med","description":"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/","og_locale":"en_US","og_type":"article","og_title":"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med","og_description":"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy","og_url":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/","og_site_name":"Ecomnews Med","article_modified_time":"2022-11-28T09:50:26+00:00","og_image":[{"width":944,"height":718,"url":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/07\/petrole4.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/","url":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/","name":"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023 - Ecomnews Med","isPartOf":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#website"},"datePublished":"2022-11-30T05:00:00+00:00","dateModified":"2022-11-28T09:50:26+00:00","description":"The Wall Street Journal reported on Nov. 21 that the Dec. 4 \u201cOPEC+\u201d meeting will discuss raising production to 500,000 barrels per day. Saudi Energy","breadcrumb":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ecomnewsmed.com\/en\/2022\/11\/30\/opec-would-confirm-the-reduction-of-two-million-barrels-per-day-until-the-end-of-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.ecomnewsmed.com\/en\/"},{"@type":"ListItem","position":2,"name":"OPEC+ would confirm the reduction of two million barrels per day until the end of 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.ecomnewsmed.com\/en\/#website","url":"https:\/\/www.ecomnewsmed.com\/en\/","name":"Ecomnews Med","description":"Semua informasi ekonomis dalam waktu singkat.","publisher":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ecomnewsmed.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ecomnewsmed.com\/en\/#organization","name":"Ecomnewsmed","url":"https:\/\/www.ecomnewsmed.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png","contentUrl":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/08\/ecomewsMedLogoMid.png","width":250,"height":250,"caption":"Ecomnewsmed"},"image":{"@id":"https:\/\/www.ecomnewsmed.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/news\/41073"}],"collection":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/comments?post=41073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/media\/23382"}],"wp:attachment":[{"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/media?parent=41073"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/tags?post=41073"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/www.ecomnewsmed.com\/en\/wp-json\/wp\/v2\/location?post=41073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}