{"id":31942,"date":"2022-06-01T11:57:01","date_gmt":"2022-06-01T11:57:01","guid":{"rendered":"https:\/\/harchi90.com\/oil-group-opec-reportedly-considering-suspending-russia-from-deal\/"},"modified":"2022-06-01T11:57:01","modified_gmt":"2022-06-01T11:57:01","slug":"oil-group-opec-reportedly-considering-suspending-russia-from-deal","status":"publish","type":"post","link":"https:\/\/harchi90.com\/oil-group-opec-reportedly-considering-suspending-russia-from-deal\/","title":{"rendered":"Oil group OPEC + reportedly considering suspending Russia from deal"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>Some members of the energy alliance OPEC + are considering whether to suspend Russia from an oil production deal, The Wall Street Journal reported on Tuesday, citing unnamed OPEC delegates.<\/p>\n<p>This comes at a time when non-OPEC leader Russia, a major player in global energy markets, faces a barrage of Western sanctions and a partial oil ban from the European Union in the wake of the onslaught in Ukraine.<\/p>\n<p>OPEC delegates are reportedly concerned about the growing economic pressure on Russia and its ability to pump more crude to cool soaring prices.<\/p>\n<p>CNBC has contacted a spokesperson for Russia&#8217;s energy ministry and OPEC for comment.<\/p>\n<p>OPEC and non-OPEC countries are scheduled to discuss the next phase of production policy on Thursday.<\/p>\n<p>Oil prices on Tuesday turned negative on the news. <\/p>\n<p>International benchmark Brent crude futures rebounded on Wednesday morning, trading up 1.3% at $ 117.14 a barrel.  US West Texas Intermediate futures rose 1.4% to trade at $ 116.35 during mid-morning deals in London.<\/p>\n<p>Read the full WSJ article here.<\/p>\n<\/div>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some members of the energy alliance OPEC + are considering whether to suspend Russia from an oil production deal, The Wall Street Journal reported on Tuesday, citing unnamed OPEC delegates. This comes at a time when non-OPEC leader Russia, a major player in global energy markets, faces a barrage of Western sanctions and a partial &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/oil-group-opec-reportedly-considering-suspending-russia-from-deal\/\"> <span class=\"screen-reader-text\">Oil group OPEC + reportedly considering suspending Russia from deal<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":31943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[118,92,15556,2200,11705],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/image.cnbcfm.com\/api\/v1\/image\/106892264-1622803184632-gettyimages-1173302004-aa_03102019_1025303.jpeg?ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/106892264-1622803184632-gettyimages-1173302004-aa_03102019_1025303.jpeg?v=1654071319&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/31942"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=31942"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/31942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media\/31943"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=31942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=31942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=31942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}