{"id":25762,"date":"2022-09-05T15:59:25","date_gmt":"2022-09-05T15:59:25","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production"},"modified":"2022-09-05T16:10:56","modified_gmt":"2022-09-05T16:10:56","slug":"oil-prices-up-following-decision-to-cut-production","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production","title":{"rendered":"Oil prices up following decision to cut production"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Oil prices rose on Monday after the world&#8217;s biggest oil producers from the Organization of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to cut production by 100,000 barrels per day in October.<\/p>\n<p>The price per barrel of Brent oil, which closed last week at the $93 level, neared the $97 level as of 1330GMT, up over 4%.<\/p>\n<p>US benchmark West Texas Intermediate (WTI) was at $90, jumping 3.7%.<\/p>\n<p>OPEC+ expressed a readiness to guide the market as \u201chigher volatility and increased uncertainties require continuous assessment of market conditions.\u201d<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Oil prices rose on Monday after the world&#8217;s biggest oil producers from the Organization of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, agreed to cut production by 100,000 barrels per day in October. The price per barrel of Brent oil, which closed last week at the $93 level, neared the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":25761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-25762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"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>Oil prices up following decision to cut production - Mozambique<\/title>\n<meta name=\"description\" content=\"Oil prices rose on Monday after the world&#039;s biggest oil producers from the Organization of Petroleum Exporting Countries ...\" \/>\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\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil prices up following decision to cut production\" \/>\n<meta property=\"og:description\" content=\"Oil prices rose on Monday after the world&#039;s biggest oil producers from the Organization of Petroleum Exporting Countries ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-05T15:59:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-05T16:10:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_8-63161f7572de3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"863\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\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\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Oil prices up following decision to cut production\",\"datePublished\":\"2022-09-05T15:59:25+00:00\",\"dateModified\":\"2022-09-05T16:10:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\"},\"wordCount\":106,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/09\/postQueueImg_8-63161f7572de3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oil-prices-up-following-decision-to-cut-production\",\"name\":\"Oil prices up following decision to cut production - 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