{"id":342122,"date":"2020-03-17T10:32:41","date_gmt":"2020-03-17T05:02:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=342122"},"modified":"2020-03-17T11:08:58","modified_gmt":"2020-03-17T05:38:58","slug":"saudi-aramco-likely-to-sustain-higher-april-oil-output-through-may-ceo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-likely-to-sustain-higher-april-oil-output-through-may-ceo\/","title":{"rendered":"Saudi Aramco likely to sustain higher April oil output through May: CEO"},"content":{"rendered":"<p>Saudi Aramco said on Monday it was likely to sustain higher oil output planned for April through into May, and that it was &#8220;very comfortable&#8221; with a price of $30 a barrel. <\/p>\n<p>Aramco said last week it would be raising its output in April to a record 12.3 million barrels per day in a fight for market share with Russia that has helped to hammer global oil prices. <\/p>\n<p>&#8220;In a nutshell, Saudi Aramco can sustain the very low price and can sustain it for a long time,&#8221; Chief Executive Amin Nasser said on Monday during a full-year earnings call with investors and analysts. &#8220;For the production in May &#8230; I doubt it would be any different from next month.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco said on Monday it was likely to sustain higher oil output planned for April through into May, and that it was &#8220;very comfortable&#8221; with a price of $30 a barrel. Aramco said last week it would be raising its output in April to a record 12.3 million barrels per day in a fight for market share with Russia that has helped to hammer global oil prices. &#8220;In a nutshell, Saudi Aramco can sustain the very low price and can sustain it for a long time,&#8221; Chief Executive Amin Nasser said on Monday during a full-year earnings call with [&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":[135,130,169],"tags":[],"class_list":["post-342122","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342122","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=342122"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342122\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=342122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=342122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=342122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}