{"id":5827,"date":"2023-06-05T12:13:17","date_gmt":"2023-06-05T12:13:17","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=5827"},"modified":"2023-06-05T12:14:47","modified_gmt":"2023-06-05T12:14:47","slug":"kremlin-opec-important-to-global-energy-market-stability","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/5827\/","title":{"rendered":"Kremlin: OPEC+ important to global energy market stability"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Roydad Naft News Agency &#8211; OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met.<\/p>\n\n\n\n<p>OPEC+ pumps around 40% of the world&#8217;s crude and has put in place cuts of 3.66 million barrels per day, amounting to 3.6% of global demand.<\/p>\n\n\n\n<p>&#8220;The Russian Federation is a member of the joint (OPEC+) understanding. The OPEC+ format continues its work, there are common agreements that, of course, everyone will follow,&#8221; Peskov told a daily conference call with reporters.<\/p>\n\n\n\n<p>&#8220;Of course, this format retains its importance and its significance for ensuring stability in international energy markets.&#8221;<\/p>\n\n\n\n<p>OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, decided on Sunday after seven hours of talks to reduce overall production targets from 2024 by a further 1.4 million bpd in total.<\/p>\n\n\n\n<p>Saudi Arabia will make a&nbsp;<a href=\"safari-reader:\/\/www.reuters.com\/business\/energy\/opec-meets-debate-production-quotas-new-cut-sources-2023-06-04\/\">deep cut<\/a>&nbsp;to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-06-05T12:14:47+00:00\"> 5 June 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Roydad Naft News Agency &#8211; OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met. OPEC+ pumps around 40% of the world&#8217;s crude and has put in place cuts of 3.66 million barrels per day, amounting [&hellip;]","protected":false},"author":1,"featured_media":5829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,18,36,19,16],"tags":[],"services":[],"class_list":["post-5827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-headline","category-lastnews","category-news","category-oil"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/5827","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=5827"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/5827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/5829"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=5827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=5827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=5827"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=5827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}