{
    "success": true,
    "data": {
        "id": 1956048,
        "msgid": "opec-will-not-reduce-oil-production-as-global-demand-recovers-1788365193",
        "date": "2026-09-02 22:23:44",
        "title": "OPEC+ will not reduce oil production as global demand recovers",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Energy",
        "summary": "Russian Deputy Prime Minister Alexander Novak has stated that the OPEC+ alliance does not intend to implement oil production cuts due to a recovering global demand. He noted that the focus has shifted towards easing production quotas as market supply remains limited.",
        "content": "<p>Vladivostok (ANTARA) - The OPEC+ alliance will not reduce oil\nproduction as global oil demand begins to recover, said Russian Deputy\nPrime Minister Alexander Novak on Wednesday.<\/p>\n<p>\u201cI believe that in the current global oil market situation, we are\nnot discussing cuts. We see that supply in the market is already\nlimited,\u201d said Novak.<\/p>\n<p>Therefore, he continued, in recent months OPEC+ has made decisions to\nincrease production volumes and quotas, which were previously reduced\nbased on voluntary restrictions.<\/p>\n<p>\u201cNow, quite the opposite, we have loosened those quotas,\u201d Novak told\nreporters.<\/p>\n<p>He made these remarks in response to questions regarding the\npossibility of OPEC+ revisiting oil production cuts at its next\nmeeting.<\/p>\n<p>According to experts from OPEC and the OPEC Secretariat, global oil\ndemand has gradually recovered, Novak stated.<\/p>\n<p>OPEC+ is an alliance between the Organisation of the Petroleum\nExporting Countries (OPEC) and several oil-producing nations that are\nnot members of OPEC, such as Russia, Mexico, and Kazakhstan.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/opec-will-not-reduce-oil-production-as-global-demand-recovers-1788365193",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}