{"id":84936,"date":"2023-06-05T01:56:34","date_gmt":"2023-06-05T05:56:34","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84936"},"modified":"2023-06-05T01:34:13","modified_gmt":"2023-06-05T05:34:13","slug":"oil-prices-pop-after-saudi-arabia-pledges-more-voluntary-production-cuts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/oil-prices-pop-after-saudi-arabia-pledges-more-voluntary-production-cuts.html","title":{"rendered":"Oil prices pop after Saudi Arabia pledges more voluntary production cuts"},"content":{"rendered":"\n<p>(CNBC) Oil prices rose following OPEC kingpin <a rel=\"noreferrer noopener\" href=\"https:\/\/www.moenergy.gov.sa\/en\/MediaCenter\/News\/Pages\/Saudi-Arabias-additional-voluntary-cut-of-one-million-mpd-from-July.aspx\" target=\"_blank\">Saudi Arabia\u2019s decision to cut production<\/a> by another million barrels per day. On Sunday, the Organization of the Petroleum Exporting Countries and its partners (known as OPEC+) <a href=\"https:\/\/www.cnbc.com\/2023\/06\/04\/opec-sticks-to-2023-oil-production-targets-as-saudi-arabia-announces-further-voluntary-cuts.html\">made no changes to its planned oil production<\/a> cuts for the rest of the year. However, the world\u2019s top oil exporter Saudi Arabia announced further voluntary output cuts which will be implemented from July.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/05\/opec-oil-prices-pop-after-saudi-arabia-pledges-production-cuts.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Oil prices rose following OPEC kingpin Saudi Arabia\u2019s decision to cut production by another million barrels per day. On Sunday, the Organization of the Petroleum Exporting Countries and its partners (known as OPEC+) made no changes to its planned [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84936","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84936"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84936\/revisions"}],"predecessor-version":[{"id":84937,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84936\/revisions\/84937"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}