{"id":346320,"date":"2020-04-11T11:27:35","date_gmt":"2020-04-11T05:57:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346320"},"modified":"2020-04-11T11:27:35","modified_gmt":"2020-04-11T05:57:35","slug":"amid-opec-production-cut-india-pitches-for-affordable-oil-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/amid-opec-production-cut-india-pitches-for-affordable-oil-prices\/","title":{"rendered":"Amid Opec+ production cut, India pitches for affordable oil prices"},"content":{"rendered":"<p>New Delhi: India on Friday made a case for affordable oil prices at G20 energy ministers\u2019 meeting, in the backdrop of the Organization of the Petroleum Exporting Countries-plus (Opec+) combine slashing production amid the Covid-19 pandemic.<\/p>\n<p>This was articulated by India\u2019s petroleum and natural gas minister Dharmendra Pradhan. India&#8217;s message comes at a time of Opec+, including Russia, agreeing to cut production by 10 million barrels per day (mbpd) under US pressure to prop up prices.<\/p>\n<p>With Opec accounting for 80% of India\u2019s crude oil imports, any production cut by the so called Opec plus arrangement impacts India\u2019s energy security efforts in the short run.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: India on Friday made a case for affordable oil prices at G20 energy ministers\u2019 meeting, in the backdrop of the Organization of the Petroleum Exporting Countries-plus (Opec+) combine slashing production amid the Covid-19 pandemic. This was articulated by India\u2019s petroleum and natural gas minister Dharmendra Pradhan. India&#8217;s message comes at a time of Opec+, including Russia, agreeing to cut production by 10 million barrels per day (mbpd) under US pressure to prop up prices. With Opec accounting for 80% of India\u2019s crude oil imports, any production cut by the so called Opec plus arrangement impacts India\u2019s energy security [&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-346320","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\/346320","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=346320"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346320\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}