{"id":291718,"date":"2019-09-16T06:10:32","date_gmt":"2019-09-16T06:10:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291718"},"modified":"2019-09-16T06:10:32","modified_gmt":"2019-09-16T06:10:32","slug":"saudi-drone-strikes-no-crude-blow-to-india-yet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-drone-strikes-no-crude-blow-to-india-yet\/","title":{"rendered":"Saudi drone strikes: No crude blow to India yet"},"content":{"rendered":"<p>NEW DELHI: Indian refiners do not see an immediate disruption in crude supplies after the drone strikes on Saudi Arabia\u2019s oilNSE -0.85 % processing facilities on Saturday, though prices may witness a short-term spike.<\/p>\n<p>A delayed restoration of the damaged facilities may, however, trigger a search for alternative supplies.<\/p>\n<p>The drone attacks by West Asian rebel groups have hit 5.7 million barrels per day of production, which represents nearly half of the kingdom\u2019s output and 6% of global crude supplies. This has raised supply risk as well as price risk for refineries across the world, including India, which imported about 19% of its crude from Saudi Arabia last fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Indian refiners do not see an immediate disruption in crude supplies after the drone strikes on Saudi Arabia\u2019s oilNSE -0.85 % processing facilities on Saturday, though prices may witness a short-term spike. A delayed restoration of the damaged facilities may, however, trigger a search for alternative supplies. The drone attacks by West Asian rebel groups have hit 5.7 million barrels per day of production, which represents nearly half of the kingdom\u2019s output and 6% of global crude supplies. This has raised supply risk as well as price risk for refineries across the world, including India, which imported about [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-291718","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291718","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291718"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291718\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}