{"id":341853,"date":"2020-03-13T12:09:07","date_gmt":"2020-03-13T06:39:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341853"},"modified":"2020-03-13T12:44:14","modified_gmt":"2020-03-13T07:14:14","slug":"saudi-arabia-to-boost-oil-output-capacity-by-1-m-barrels-per-day-aramco","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-to-boost-oil-output-capacity-by-1-m-barrels-per-day-aramco\/","title":{"rendered":"Saudi Arabia to boost oil output capacity by 1 m barrels per day: Aramco"},"content":{"rendered":"<p>Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies. \u201cSaudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd,\u201d the company said in a statement to the Saudi Stock Exchange.<\/p>\n<p>The decision comes a day after the world\u2019s top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.<\/p>\n<p>The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies. \u201cSaudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd,\u201d the company said in a statement to the Saudi Stock Exchange. The decision comes a day after the world\u2019s top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April. The [&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":[130,211,144],"tags":[],"class_list":["post-341853","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341853","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=341853"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341853\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}