{"id":2000107577,"date":"2026-04-06T10:55:00","date_gmt":"2026-04-06T08:55:00","guid":{"rendered":"https:\/\/new.igihe.com\/?p=2000107577"},"modified":"2026-04-06T10:02:46","modified_gmt":"2026-04-06T08:02:46","slug":"opec-to-ramp-up-oil-output-in-may-amid-global-energy-crisis","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/opec-to-ramp-up-oil-output-in-may-amid-global-energy-crisis\/","title":{"rendered":"OPEC+ to ramp up oil output in May amid global energy crisis"},"content":{"rendered":"\n

The decision was announced following a virtual meeting attended by Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which reviewed global market conditions and outlook.<\/p>\n\n\n\n

Amid the ongoing military conflict in the Middle East, the eight OPEC+ countries underscored the critical importance of safeguarding international maritime routes to ensure the free flow of energy supplies.<\/p>\n\n\n\n

The eight countries also expressed concern over attacks on energy infrastructure, which harmed the overall supply availability. They stressed that it is both costly and takes a long time to restore damaged energy assets to full capacity.<\/p>\n\n\n\n

They are scheduled to meet again on May 3 to make further decisions.<\/p>\n\n\n\n

Since the U.S.-Israeli strikes on Iran beginning Feb. 28, the conflict in the Middle East has severely disrupted regional energy flows, with crude oil and refined product shipments declining significantly.<\/p>\n\n\n\n

\"\"
Photo taken on Nov. 30, 2023 shows the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria. (Xinhua\/He Canling)<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, on Sunday decided to increase oil output by 206,000 barrels per day in May, according to an OPEC statement.<\/p>\n","protected":false},"author":3,"featured_media":2000107579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[151,101],"byline":[235],"hashtag":[],"class_list":["post-2000107577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-62","tag-editors-choice","tag-internationl","byline-xinhua"],"bylines":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"contributors":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"featured_image":{"id":2000107579,"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","alt":"","caption":"Vehicles refuel at a gas station in Paris, France, on March 9, 2026. (Xinhua\/Wu Huiwo)","mime_type":"image\/jpeg","width":900,"height":700,"sizes":{"thumbnail":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","width":150,"height":117},"medium":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","width":300,"height":233},"medium_large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","width":768,"height":597},"large":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","width":900,"height":700},"full":{"url":"https:\/\/new.igihe.com\/english\/wp-content\/uploads\/2026\/04\/hs.jpeg","width":900,"height":700}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000107577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=2000107577"}],"version-history":[{"count":1,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000107577\/revisions"}],"predecessor-version":[{"id":2000107580,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2000107577\/revisions\/2000107580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000107579"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=2000107577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=2000107577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=2000107577"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=2000107577"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=2000107577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}