{"id":355349,"date":"2020-06-03T12:31:19","date_gmt":"2020-06-03T07:01:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355349"},"modified":"2020-06-03T12:39:18","modified_gmt":"2020-06-03T07:09:18","slug":"consensus-to-extend-oil-output-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/consensus-to-extend-oil-output-cut\/","title":{"rendered":"Consensus to extend oil output cut"},"content":{"rendered":"<p>Opec and Russia are moving closer to a compromise on extending current oil output cuts and are discussing a proposal to roll over supply curbs for one to two months, three Opec+ sources told Reuters on Monday.<\/p>\n<p>Opec+ decided in April to cut output by a record 9.7 million barrels per day, or about 10 per cent of global output, to lift prices battered by a demand drop linked to lockdown measures aimed at stopping the spread of the coronavirus.<\/p>\n<p>Rather than easing output cuts in July, sources told Reuters last week that de-facto Opec leader Saudi Arabia was leading discussions on sustaining them until the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Opec and Russia are moving closer to a compromise on extending current oil output cuts and are discussing a proposal to roll over supply curbs for one to two months, three Opec+ sources told Reuters on Monday. Opec+ decided in April to cut output by a record 9.7 million barrels per day, or about 10 per cent of global output, to lift prices battered by a demand drop linked to lockdown measures aimed at stopping the spread of the coronavirus. Rather than easing output cuts in July, sources told Reuters last week that de-facto Opec leader Saudi Arabia was leading [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-355349","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355349","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=355349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}