{"id":344534,"date":"2020-04-01T10:37:57","date_gmt":"2020-04-01T05:07:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344534"},"modified":"2020-04-01T10:37:57","modified_gmt":"2020-04-01T05:07:57","slug":"oil-to-stay-below-40-in-2020-on-virus-shock-opec-deal-collapse-poll","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-to-stay-below-40-in-2020-on-virus-shock-opec-deal-collapse-poll\/","title":{"rendered":"Oil to stay below $40 in 2020 on virus shock, Opec+ deal collapse: Poll"},"content":{"rendered":"<p>Oil prices will stay below $40 a barrel this year, as measures aimed at halting the rapid global spread of the coronavirus cripple demand and the collapse of an OPEC+ deal adds to a mounting supply glut, a Reuters poll showed on Tuesday.<\/p>\n<p>The survey of 40 analysts forecast Brent crude prices would average $38.76 a barrel in 2020, 36 per cent lower than the $60.63 forecast in a survey in February.<\/p>\n<p>The 2020 outlook for West Texas Intermediate crude was slashed to $35.29 a barrel from last month&#8217;s forecast for $55.75.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices will stay below $40 a barrel this year, as measures aimed at halting the rapid global spread of the coronavirus cripple demand and the collapse of an OPEC+ deal adds to a mounting supply glut, a Reuters poll showed on Tuesday. The survey of 40 analysts forecast Brent crude prices would average $38.76 a barrel in 2020, 36 per cent lower than the $60.63 forecast in a survey in February. The 2020 outlook for West Texas Intermediate crude was slashed to $35.29 a barrel from last month&#8217;s forecast for $55.75.<\/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-344534","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\/344534","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=344534"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344534\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}