{"id":298230,"date":"2019-10-28T12:27:08","date_gmt":"2019-10-28T06:57:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298230"},"modified":"2019-10-28T12:35:55","modified_gmt":"2019-10-28T07:05:55","slug":"oil-holds-steady-as-russia-reaffirms-to-output-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-steady-as-russia-reaffirms-to-output-cuts\/","title":{"rendered":"Oil holds steady as Russia reaffirms to output cuts"},"content":{"rendered":"<p>Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices. <\/p>\n<p>Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT, having logged a weekly gain of more than 4% last week, its best weekly gain since Sept. 20. <\/p>\n<p>West Texas Intermediate (WTI) crude futures were down 4 cents at $56.62 a barrel, having risen more than 5% last week, also the biggest weekly increase since Sept. 20. <\/p>\n<p>Russia&#8217;s energy ministry said on Friday it is continuing close cooperation with Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers to enhance market stability and predictability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices. Brent crude was down 1 cent at $62.01 a barrel by 0055 GMT, having logged a weekly gain of more than 4% last week, its best weekly gain since Sept. 20. West Texas Intermediate (WTI) crude futures were down 4 cents at $56.62 a barrel, having risen more than 5% last week, also the biggest weekly increase since Sept. 20. Russia&#8217;s energy ministry said on Friday it is [&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":[146,130,177],"tags":[],"class_list":["post-298230","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298230","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=298230"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298230\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}