{"id":356371,"date":"2020-06-09T11:43:55","date_gmt":"2020-06-09T06:13:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356371"},"modified":"2020-06-09T11:43:55","modified_gmt":"2020-06-09T06:13:55","slug":"crude-oil-prices-slip-despite-opec-cuts-as-gulf-ends-voluntary-curbs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-slip-despite-opec-cuts-as-gulf-ends-voluntary-curbs\/","title":{"rendered":"Crude oil prices slip despite Opec+ cuts as Gulf ends voluntary curbs"},"content":{"rendered":"<p>LONDON: Oil slipped on Monday after Saudi Arabia said that an extension of output cuts by Opec+ nations would not include additional voluntary cuts by a trio of Gulf producers.<\/p>\n<p>Brent crude was down 65 cents, or 1.5 per cent, at $41.65 a barrel by 1400 GMT, while US West Texas Intermediate (WTI) crude fell 72 cents, or 1.8 per cent, to $38.83.<\/p>\n<p>The Organization of Petroleum Exporting Countries, Russia and other producers &#8211; a group known as Opec+ &#8211; agreed in April to cut supply by 9.7 million barrels per day (bpd) in May and June. They agreed on Saturday to sustain those cuts through July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil slipped on Monday after Saudi Arabia said that an extension of output cuts by Opec+ nations would not include additional voluntary cuts by a trio of Gulf producers. Brent crude was down 65 cents, or 1.5 per cent, at $41.65 a barrel by 1400 GMT, while US West Texas Intermediate (WTI) crude fell 72 cents, or 1.8 per cent, to $38.83. The Organization of Petroleum Exporting Countries, Russia and other producers &#8211; a group known as Opec+ &#8211; agreed in April to cut supply by 9.7 million barrels per day (bpd) in May and June. They agreed on [&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-356371","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\/356371","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=356371"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356371\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}