{"id":304734,"date":"2019-12-09T12:34:18","date_gmt":"2019-12-09T07:04:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304734"},"modified":"2019-12-09T12:50:44","modified_gmt":"2019-12-09T07:20:44","slug":"opec-to-cut-output","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-to-cut-output\/","title":{"rendered":"Opec+ to cut output"},"content":{"rendered":"<p>Opec and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia\u2019s energy minister has said.<\/p>\n<p>Saudi Arabia spearheaded a deal on Friday with Russia and the other so-called Opec+ oil producers to deepen output cuts through the first quarter of 2020. Brent futures settled 1.6 per cent higher at $64.38 per barrel on Friday.<\/p>\n<p>Saudi energy minister Prince Abdulaziz bin Salman said he expected Opec+ producers to continue cooperating beyond March. \u201cThe jury is still out where will we be in March,\u201d he said regarding the level of supply the market will need then.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opec and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia\u2019s energy minister has said. Saudi Arabia spearheaded a deal on Friday with Russia and the other so-called Opec+ oil producers to deepen output cuts through the first quarter of 2020. Brent futures settled 1.6 per cent higher at $64.38 per barrel on Friday. Saudi energy minister Prince Abdulaziz bin Salman said he expected Opec+ producers to continue cooperating beyond March. \u201cThe jury is still out where will we be in March,\u201d he said regarding [&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":[130,215,148],"tags":[],"class_list":["post-304734","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304734","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=304734"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304734\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}