{"id":368523,"date":"2020-08-19T09:06:20","date_gmt":"2020-08-19T03:36:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368523"},"modified":"2020-08-19T09:41:54","modified_gmt":"2020-08-19T04:11:54","slug":"oil-rises-on-china-plan-to-boost-us-imports-opec-compliance","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-china-plan-to-boost-us-imports-opec-compliance\/","title":{"rendered":"Oil rises on China plan to boost US imports, OPEC+ compliance"},"content":{"rendered":"<p>Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their global production cut accord, and after US officials said China is in compliance with the first phase of the two nations&#8217; trade deal. <\/p>\n<p>Brent crude settled up 57 cents, or 1.3%, to $45.87 a barrel, and US West Texas Intermediate crude was up 88 cents, or 2.1 %, to $42.41 a barrel. <\/p>\n<p>Compliance with OPEC+ oil output cuts is seen at around 97% in July, two OPEC+ sources told Reuters. The oil-producing nations have been cutting output by record levels to curb supply and reduce worldwide inventories.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their global production cut accord, and after US officials said China is in compliance with the first phase of the two nations&#8217; trade deal. Brent crude settled up 57 cents, or 1.3%, to $45.87 a barrel, and US West Texas Intermediate crude was up 88 cents, or 2.1 %, to $42.41 a barrel. Compliance with OPEC+ oil output cuts is seen at around 97% in July, two OPEC+ sources told Reuters. The oil-producing nations have been cutting output by record levels to curb supply and [&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":[146,130,177],"tags":[],"class_list":["post-368523","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368523","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=368523"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368523\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}