{"id":377896,"date":"2020-10-12T09:27:37","date_gmt":"2020-10-12T03:57:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=377896"},"modified":"2020-10-12T16:49:01","modified_gmt":"2020-10-12T11:19:01","slug":"saudi-arabia-to-delay-oil-production-hike-straying-away-from-opec-plans-to-hike-output-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-to-delay-oil-production-hike-straying-away-from-opec-plans-to-hike-output-report\/","title":{"rendered":"Saudi Arabia to delay oil production hike, straying away from OPEC plans to hike output: Report"},"content":{"rendered":"<p>Saudi Arabia, one of the largest oil producers in the world is considering to stray away from Organization of the Petroleum Exporting Countries&#8217; (OPEC) agreed output plans and not hike oil output early next year, senior Saudi oil advisers told The Wall Street Journal. This comes at a time when Libyan crude oil is expected to make a return, increasing stockpiles of global oil supply. <\/p>\n<p>In April this year, OPEC led by Saudi Arabia and 10 Russia-led producers decided to carry out production cuts at record levels of 9.7 million barrels a day after Covid-19 battered economies around the world, grounding flights, halting public transportation in its tracks and shuttering industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia, one of the largest oil producers in the world is considering to stray away from Organization of the Petroleum Exporting Countries&#8217; (OPEC) agreed output plans and not hike oil output early next year, senior Saudi oil advisers told The Wall Street Journal. This comes at a time when Libyan crude oil is expected to make a return, increasing stockpiles of global oil supply. In April this year, OPEC led by Saudi Arabia and 10 Russia-led producers decided to carry out production cuts at record levels of 9.7 million barrels a day after Covid-19 battered economies around the world, [&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-377896","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\/377896","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=377896"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377896\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}