{"id":2465,"date":"2022-11-27T14:46:54","date_gmt":"2022-11-27T14:46:54","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=2465"},"modified":"2022-11-27T14:46:57","modified_gmt":"2022-11-27T14:46:57","slug":"opec-meeting-to-take-into-account-market-conditions-iraqi-official","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/2465\/","title":{"rendered":"OPEC+ meeting to take into account market conditions \u2013 Iraqi official"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq&#8217;s state news agency quoted Saadoun Mohsen, a senior official at the country&#8217;s state oil marketer SOMO, as saying on Saturday.<\/p>\n\n\n\n<p>OPEC+&#8217;s October decision to reduce production by two million barrels per day (bpd) had played an important role in stabilising global markets, Saadoun, who serves as Iraq&#8217;s delegate to OPEC, said.<\/p>\n\n\n\n<p>He said that the cut hadn\u2019t reduced Iraq&#8217;s exports.<\/p>\n\n\n\n<p>Iraq&#8217;s current production represents 11 percent of the group&#8217;s total output of 43 million bpd, he said, adding that Iraq expects a crude price range of at least $85-95 next year.<\/p>\n\n\n\n<p>OPEC+, which includes members of the Organization of the Petroleum Exporting Countries and its allies led by Russia, will hold its next meeting in Vienna on Dec. 4.<\/p>\n\n\n\n<p>Oil markets are witnessing &#8220;severe fluctuations&#8221; due to the repercussions of the pandemic, a slowing global economy and the war in Ukraine, the Iraqi official said, making it harder to ensure price stability.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2022-11-27T14:46:57+00:00\"> 27 November 2022<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq&#8217;s state news agency quoted Saadoun Mohsen, a senior official at the country&#8217;s state oil marketer SOMO, as saying on Saturday. OPEC+&#8217;s October decision to reduce production by two million barrels per day (bpd) had played an important role [&hellip;]","protected":false},"author":1,"featured_media":2466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,36,19,16,1],"tags":[],"services":[],"class_list":["post-2465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-lastnews","category-news","category-oil","category-opec"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/2465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=2465"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/2465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/2466"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=2465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=2465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=2465"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=2465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}