{"id":341761,"date":"2020-03-13T11:48:41","date_gmt":"2020-03-13T06:18:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341761"},"modified":"2020-03-13T11:48:41","modified_gmt":"2020-03-13T06:18:41","slug":"petrol-prices-slashed-again-significant-cuts-likely-in-next-few-weeks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petrol-prices-slashed-again-significant-cuts-likely-in-next-few-weeks\/","title":{"rendered":"Petrol prices slashed again, significant cuts likely in next few weeks"},"content":{"rendered":"<p>Following the huge drop in crude prices \u2014 as much as 48% since April last year \u2014 the fall in petrol and diesel will likely continue over coming weeks. As per media reports, petrol and diesel could get cheaper by as much as Rs 5-6 in the next week itself.<\/p>\n<p>Hindustan Times even went on to claim that prices of vehicle fuel could drop as much as Rs 8 if the rupee-dollar exchange rate is factored in.<\/p>\n<p>Following the breakdown of OPEC+ talks on production cuts and Saudi Arabia&#8217;s decision to pump more oil into the market as a retaliatory step, the global oil market went into a tailspin with crude prices tumbling more than 30 per cent to just about $35 a barrel, before recouping some of the losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the huge drop in crude prices \u2014 as much as 48% since April last year \u2014 the fall in petrol and diesel will likely continue over coming weeks. As per media reports, petrol and diesel could get cheaper by as much as Rs 5-6 in the next week itself. Hindustan Times even went on to claim that prices of vehicle fuel could drop as much as Rs 8 if the rupee-dollar exchange rate is factored in. Following the breakdown of OPEC+ talks on production cuts and Saudi Arabia&#8217;s decision to pump more oil into the market as a retaliatory [&hellip;]<\/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-341761","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\/341761","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=341761"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341761\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}