{"id":263589,"date":"2019-03-12T05:31:43","date_gmt":"2019-03-12T05:31:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263589"},"modified":"2019-03-12T05:31:43","modified_gmt":"2019-03-12T05:31:43","slug":"saudi-arabia-to-cut-crude-oil-exports-in-april-despite-strong-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-to-cut-crude-oil-exports-in-april-despite-strong-demand\/","title":{"rendered":"Saudi Arabia to cut crude oil exports in April &#8216;despite strong demand&#8217;"},"content":{"rendered":"<p>Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output &#8220;well below&#8221; 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support oil prices.<\/p>\n<p>State-owned Saudi Aramco&#8217;s oil allocations for April are 635,000 bpd below customers&#8217; nominations &#8212; requests made by refiners and clients for Saudi crude, the Saudi official said. <\/p>\n<p>&#8220;Despite very strong demand from international waterborne customers at more than 7.6 million bpd, customers were allocated less than 7 million bpd,&#8221; the official said. <\/p>\n<p>March&#8217;s oil exports will also be below 7 million bpd, the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping its output &#8220;well below&#8221; 10 million bpd, a Saudi official said on Monday, as the kingdom seeks to drain a supply glut and support oil prices. State-owned Saudi Aramco&#8217;s oil allocations for April are 635,000 bpd below customers&#8217; nominations &#8212; requests made by refiners and clients for Saudi crude, the Saudi official said. &#8220;Despite very strong demand from international waterborne customers at more than 7.6 million bpd, customers were allocated less than 7 million bpd,&#8221; the official said. March&#8217;s [&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":[135,130,169],"tags":[],"class_list":["post-263589","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263589","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=263589"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263589\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}