{"id":340725,"date":"2020-03-06T12:02:40","date_gmt":"2020-03-06T06:32:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340725"},"modified":"2020-03-06T12:02:40","modified_gmt":"2020-03-06T06:32:40","slug":"oil-slips-amid-demand-worries-fears-over-opec-deal-for-deeper-output-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slips-amid-demand-worries-fears-over-opec-deal-for-deeper-output-cuts\/","title":{"rendered":"Oil slips amid demand worries, fears over OPEC+ deal for deeper output cuts"},"content":{"rendered":"<p>Singapore: Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices.<\/p>\n<p>Brent crude fell 47 cents, or 0.9%, to $49.52 per barrel by 0223 GMT, while U.S. West Texas Intermediate (WTI) was down 42 cents, or 0.9%, at $45.48 per barrel.<\/p>\n<p>The Organization of the Petroleum Exporting Countries (OPEC) on Thursday pushed for crude output by OPEC and associated producers &#8211; a group known as OPEC+ &#8211; to be cut by an extra 1.5 million barrels per day (bpd) in total until the end of 2020. The call came ahead of an OPEC+ meeting scheduled for Friday in Vienna.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore: Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices. Brent crude fell 47 cents, or 0.9%, to $49.52 per barrel by 0223 GMT, while U.S. West Texas Intermediate (WTI) was down 42 cents, or 0.9%, at $45.48 per barrel. The Organization of the Petroleum Exporting Countries (OPEC) on Thursday pushed for crude output by OPEC and associated producers &#8211; a group known as OPEC+ &#8211; to be cut by an extra 1.5 [&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-340725","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\/340725","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=340725"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340725\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}