{"id":340478,"date":"2020-03-05T11:51:55","date_gmt":"2020-03-05T06:21:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340478"},"modified":"2020-03-05T11:51:55","modified_gmt":"2020-03-05T06:21:55","slug":"saudi-arabia-wants-opec-allies-to-cut-oil-output-by-over-1-mn-barrels-per-day","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-wants-opec-allies-to-cut-oil-output-by-over-1-mn-barrels-per-day\/","title":{"rendered":"Saudi Arabia wants Opec, allies to cut oil output by over 1 mn barrels per day"},"content":{"rendered":"<p>DUBAI\/LONDON\/CAIRO : Saudi Arabia is urging Organization of the Petroleum Exporting Countries+ (Opec+) to agree to an oil-output cut of more than 1 million barrels a day to compensate for the hit to demand from the global spread of the coronavirus.<\/p>\n<p>Options discussed by ministers in Vienna on Wednesday included a reduction as big as 1.5 million barrels a day, but the talks were still underway and there was no agreement yet, said delegates, who asked not to be named because the talks were private. To secure a supply curb that could support prices, the Saudis must first overcome Russian resistance.<\/p>\n<p>The kingdom\u2019s push reflects mounting concern that growth in fuel consumption could be wiped out this year as the outbreak wreaks havoc on the world economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI\/LONDON\/CAIRO : Saudi Arabia is urging Organization of the Petroleum Exporting Countries+ (Opec+) to agree to an oil-output cut of more than 1 million barrels a day to compensate for the hit to demand from the global spread of the coronavirus. Options discussed by ministers in Vienna on Wednesday included a reduction as big as 1.5 million barrels a day, but the talks were still underway and there was no agreement yet, said delegates, who asked not to be named because the talks were private. To secure a supply curb that could support prices, the Saudis must first overcome Russian [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-340478","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340478","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340478"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340478\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}