{"id":260732,"date":"2019-02-22T07:29:20","date_gmt":"2019-02-22T07:29:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260732"},"modified":"2019-02-22T07:29:20","modified_gmt":"2019-02-22T07:29:20","slug":"oil-dips-as-us-crude-output-hits-record-12-mn-barrels-per-day","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-dips-as-us-crude-output-hits-record-12-mn-barrels-per-day\/","title":{"rendered":"Oil dips as US crude output hits record 12 mn barrels per day"},"content":{"rendered":"<p>The price dips have halted a rally that pushed crude to 2019 highs this week amid supply cuts led by OPEC <\/p>\n<p>Oil prices fell on Friday after the US reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by the West Asia dominated producer club, OPEC, to withhold supply and tighten global markets.<\/p>\n<p>International Brent crude futures were at $66.94 per barrel at 0151 GMT, down 13 cents, or 0.2 per cent, from their last close. <\/p>\n<p>US West Texas Intermediate (WTI) crude oil futures were at $56.86 per barrel, down 10 cents, or 0.2 per cent, from their last settlement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price dips have halted a rally that pushed crude to 2019 highs this week amid supply cuts led by OPEC Oil prices fell on Friday after the US reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by the West Asia dominated producer club, OPEC, to withhold supply and tighten global markets. International Brent crude futures were at $66.94 per barrel at 0151 GMT, down 13 cents, or 0.2 per cent, from their last close. US West Texas Intermediate (WTI) crude oil futures were at $56.86 per barrel, down 10 cents, or 0.2 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-260732","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260732"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260732\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}