{"id":356440,"date":"2020-06-09T12:14:14","date_gmt":"2020-06-09T06:44:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356440"},"modified":"2020-06-09T12:39:54","modified_gmt":"2020-06-09T07:09:54","slug":"oil-slips-despite-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slips-despite-cuts\/","title":{"rendered":"Oil slips despite cuts"},"content":{"rendered":"<p>Oil slipped on Monday after Saudi Arabia said an extension of output cuts by Opec+ nations would not include extra voluntary cuts by a trio of Gulf producers. <\/p>\n<p>Brent crude was down 14 cents, or 0.3 per cent, at $42.16 per barrel, by 1210 GMT, while US West Texas Intermediate (WTI) crude fell 41 cents, or 1 per cent, to $39.14 a barrel.<\/p>\n<p>The Organisation of Petroleum Exporting Countries, Russia and other producers \u2014 a group known as Opec+ \u2014 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>Oil slipped on Monday after Saudi Arabia said an extension of output cuts by Opec+ nations would not include extra voluntary cuts by a trio of Gulf producers. Brent crude was down 14 cents, or 0.3 per cent, at $42.16 per barrel, by 1210 GMT, while US West Texas Intermediate (WTI) crude fell 41 cents, or 1 per cent, to $39.14 a barrel. The Organisation of Petroleum Exporting Countries, Russia and other producers \u2014 a group known as Opec+ \u2014 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":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-356440","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\/356440","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=356440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}