{"id":356298,"date":"2020-06-09T10:48:15","date_gmt":"2020-06-09T05:18:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356298"},"modified":"2020-06-09T10:48:15","modified_gmt":"2020-06-09T05:18:15","slug":"oil-falls-3-despite-opec-cuts-as-gulf-ends-voluntary-curbs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-3-despite-opec-cuts-as-gulf-ends-voluntary-curbs\/","title":{"rendered":"Oil falls 3% despite Opec+ cuts as Gulf ends voluntary curbs"},"content":{"rendered":"<p>New York: Oil fell about 3% on Monday after Saudi Arabia said an extension of output cuts by OPEC+ nations would not include additional voluntary reductions by a trio of Gulf producers.<\/p>\n<p>After rising for seven consecutive session, Brent oil futures fell $1.30, or 3.1%, to $41.00 a barrel by 12:16 p.m. EDT (1616 GMT). U.S. West Texas Intermediate crude (WTI), meanwhile, fell $1.35, or 3.4%, to $38.20.<\/p>\n<p>Both benchmarks rose to their highest since March earlier in the session with WTI topping $40 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York: Oil fell about 3% on Monday after Saudi Arabia said an extension of output cuts by OPEC+ nations would not include additional voluntary reductions by a trio of Gulf producers. After rising for seven consecutive session, Brent oil futures fell $1.30, or 3.1%, to $41.00 a barrel by 12:16 p.m. EDT (1616 GMT). U.S. West Texas Intermediate crude (WTI), meanwhile, fell $1.35, or 3.4%, to $38.20. Both benchmarks rose to their highest since March earlier in the session with WTI topping $40 a barrel.<\/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-356298","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\/356298","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=356298"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356298\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}