{"id":18494,"date":"2022-10-24T09:26:45","date_gmt":"2022-10-24T09:26:45","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market"},"modified":"2022-10-24T10:23:58","modified_gmt":"2022-10-24T10:23:58","slug":"south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","title":{"rendered":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization of the Petroleum Exporting Countries (OPEC) to trim oil production with a view to stabilizing the global market, his press office said on Sunday.<\/b><\/p>\n<p>&#8220;President Ramaphosa has welcomed the decision by the Kingdom of Saudi Arabia and other OPEC countries to focus on price stabilization in their management of oil production,&#8221; the statement said.<\/p>\n<p>Soaring oil prices result in higher fuel costs in South Africa, putting even more strain on small businesses, consumers and households, the statement said, noting that Ramaphosa &#8220;appreciated the development as a measure that could provide relief to South Africa&#8217;s pressured economy.&#8221;<\/p>\n<p>In early October, OPEC+ unanimously agreed to decrease oil production by two million barrels per day starting in November in response to uncertainty in global energy markets.<\/p>\n<p>The Biden administration condemned the supply cut as short-sighted amid rising energy prices in the US and Europe, accusing Saudi Arabia of aligning itself with Russia.<\/p>\n<p>Riyadh has rejected these allegations, saying that the decision to slash oil production was to stabilize the global market amid declining demand caused by a slowing economy around the world.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/angola\">Angola<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization of the Petroleum Exporting Countries (OPEC) to trim oil production with a view to stabilizing the global market, his press office said on Sunday. &#8220;President Ramaphosa has welcomed the decision by the Kingdom of Saudi [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,337,329],"class_list":["post-18494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market - Angola<\/title>\n<meta name=\"description\" content=\"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market\" \/>\n<meta property=\"og:description\" content=\"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-24T09:26:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-24T10:23:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market\",\"datePublished\":\"2022-10-24T09:26:45+00:00\",\"dateModified\":\"2022-10-24T10:23:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\"},\"wordCount\":220,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\",\"name\":\"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market - Angola\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg\",\"datePublished\":\"2022-10-24T09:26:45+00:00\",\"dateModified\":\"2022-10-24T10:23:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/angola\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#website\",\"url\":\"https:\/\/www.africa-press.net\/angola\/\",\"name\":\"Angola\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/angola\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market - Angola","description":"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","og_locale":"en_US","og_type":"article","og_title":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market","og_description":"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...","og_url":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","og_site_name":"Angola","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-10-24T09:26:45+00:00","article_modified_time":"2022-10-24T10:23:58+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market","datePublished":"2022-10-24T09:26:45+00:00","dateModified":"2022-10-24T10:23:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market"},"wordCount":220,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg","keywords":["Africa Press","Africa Press-Angola","Angola"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","url":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market","name":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market - Angola","isPartOf":{"@id":"https:\/\/www.africa-press.net\/angola\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg","datePublished":"2022-10-24T09:26:45+00:00","dateModified":"2022-10-24T10:23:58+00:00","author":{"@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"South African President Cyril Ramaphosa welcomed the decision of Saudi Arabia and other counties of the Organization ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#primaryimage","url":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg","contentUrl":"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_1-635667484389b.jpg","width":1920,"height":1080,"caption":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/angola\/all-news\/south-african-president-welcomes-opec-oil-production-cuts-to-stabilize-market#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/angola\/"},{"@type":"ListItem","position":2,"name":"South African President Welcomes OPEC+ Oil Production Cuts to Stabilize Market"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/angola\/#website","url":"https:\/\/www.africa-press.net\/angola\/","name":"Angola","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/angola\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts\/18494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/comments?post=18494"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/posts\/18494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/media\/18493"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/media?parent=18494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/categories?post=18494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/angola\/wp-json\/wp\/v2\/tags?post=18494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}