{"id":345201,"date":"2020-04-04T11:13:28","date_gmt":"2020-04-04T05:43:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345201"},"modified":"2020-04-04T11:13:28","modified_gmt":"2020-04-04T05:43:28","slug":"oil-at-4-a-barrel-thats-the-price-a-country-offered-russia","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-at-4-a-barrel-thats-the-price-a-country-offered-russia\/","title":{"rendered":"Oil at $4 a barrel? That\u2019s the price a country offered Russia"},"content":{"rendered":"<p>Belarus reached an agreement with Russia\u2019s biggest oil producer to buy crude this month with a premium after the government said it shouldn\u2019t have to more than $4 per barrel as a global oil glut depresses prices.<\/p>\n<p>The government of the former Soviet republic has sought to buy 2 million tons &#8212; equivalent to almost 15 million barrels &#8212; in April from neighboring Russia but was refusing to pay any premiums to suppliers. Russian producers to largely cut off supplies earlier this year amid a pricing spat, forcing Belarus to import crude from as far as Norway and Azerbaijan to feed its refineries.<\/p>\n<p>\u201cThe result of this position is the price at which we will be buying crude in April from Russia &#8212; near $4 per barrel,&#8221; Prime Minister Sergey Rumas said earlier Thursday in Minsk. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belarus reached an agreement with Russia\u2019s biggest oil producer to buy crude this month with a premium after the government said it shouldn\u2019t have to more than $4 per barrel as a global oil glut depresses prices. The government of the former Soviet republic has sought to buy 2 million tons &#8212; equivalent to almost 15 million barrels &#8212; in April from neighboring Russia but was refusing to pay any premiums to suppliers. Russian producers to largely cut off supplies earlier this year amid a pricing spat, forcing Belarus to import crude from as far as Norway and Azerbaijan to [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-345201","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345201","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=345201"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345201\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}