{"id":355011,"date":"2020-06-02T11:45:02","date_gmt":"2020-06-02T06:15:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355011"},"modified":"2020-06-02T11:45:02","modified_gmt":"2020-06-02T06:15:02","slug":"oil-holds-above-35-with-opec-decision-on-output-cuts-in-focus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-above-35-with-opec-decision-on-output-cuts-in-focus\/","title":{"rendered":"Oil holds above $35 with OPEC+ decision on output cuts in focus"},"content":{"rendered":"<p>Oil traded without direction for a second day as the market waited to see if OPEC and its allies will extend record production curbs.<\/p>\n<p>Futures in New York were steady after closing down 0.1% on Monday. Saudi Arabia and its Gulf allies favor keeping the curbs &#8212; which are set to start easing from July &#8212; in place for an extra one to three months, a delegate said. However, a proposal to bring OPEC+\u2019s next meeting forward by a few days to June 4 still hasn\u2019t been agreed upon amid wrangling behind the scenes.<\/p>\n<p>Violent protests continued to rock the U.S., complicating its economic recovery from the coronavirus, with President Donald Trump promising to deploy the military to quell the unrest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil traded without direction for a second day as the market waited to see if OPEC and its allies will extend record production curbs. Futures in New York were steady after closing down 0.1% on Monday. Saudi Arabia and its Gulf allies favor keeping the curbs &#8212; which are set to start easing from July &#8212; in place for an extra one to three months, a delegate said. However, a proposal to bring OPEC+\u2019s next meeting forward by a few days to June 4 still hasn\u2019t been agreed upon amid wrangling behind the scenes. Violent protests continued to rock the [&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-355011","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\/355011","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=355011"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355011\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}