{"id":346426,"date":"2020-04-13T11:09:15","date_gmt":"2020-04-13T05:39:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346426"},"modified":"2020-04-13T11:09:15","modified_gmt":"2020-04-13T05:39:15","slug":"oil-price-war-ends-with-historic-opec-deal-to-cut-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-war-ends-with-historic-opec-deal-to-cut-production\/","title":{"rendered":"Oil price war ends with historic Opec+ deal to cut production"},"content":{"rendered":"<p>The world\u2019s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating price war between Saudi Arabia and Russia.<\/p>\n<p>After a week-long marathon of bilateral calls and four days of video conferences with government ministers from around the world &#8212; including the OPEC+ alliance and the Group of 20 nations &#8212; an agreement finally emerged to tackle the impact of the global pandemic on demand.<\/p>\n<p>The talks almost fell apart because of resistance from Mexico, but came back from the brink after a weekend of urgent diplomacy, including the personal intervention of President Donald Trump, who helped broker the solution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting an end to the devastating price war between Saudi Arabia and Russia. After a week-long marathon of bilateral calls and four days of video conferences with government ministers from around the world &#8212; including the OPEC+ alliance and the Group of 20 nations &#8212; an agreement finally emerged to tackle the impact of the global pandemic on demand. The talks almost fell apart because of resistance from Mexico, but came back from the brink after a weekend of urgent diplomacy, [&hellip;]<\/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-346426","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\/346426","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=346426"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346426\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}