{"id":340854,"date":"2020-03-07T11:57:58","date_gmt":"2020-03-07T06:27:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340854"},"modified":"2020-03-07T11:57:58","modified_gmt":"2020-03-07T06:27:58","slug":"opec-deal-falls-apart-as-russia-resists-crude-oil-prices-plunge-7","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-deal-falls-apart-as-russia-resists-crude-oil-prices-plunge-7\/","title":{"rendered":"Opec deal falls apart as Russia resists; crude oil prices plunge 7%"},"content":{"rendered":"<p>VIENNA: OPEC&#8217;s plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters.<\/p>\n<p>Failure to secure a deal between OPEC, Russia and other members of an alliance known as OPEC+, which has propped up oil prices since 2016, sent the price of benchmark crude into a tailspin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIENNA: OPEC&#8217;s plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told Reuters. Failure to secure a deal between OPEC, Russia and other members of an alliance known as OPEC+, which has propped up oil prices since 2016, sent the price of benchmark crude into a tailspin.<\/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-340854","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\/340854","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=340854"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340854\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}