{"id":379624,"date":"2020-10-21T08:45:54","date_gmt":"2020-10-21T03:15:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=379624"},"modified":"2020-10-21T09:30:45","modified_gmt":"2020-10-21T04:00:45","slug":"oil-prices-decline-with-opec-warning-of-precarious-market-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-decline-with-opec-warning-of-precarious-market-outlook\/","title":{"rendered":"Oil prices decline with OPEC+ warning of precarious market outlook"},"content":{"rendered":"<p>Oil extended declines as Opec+ warned of a precarious outlook for the market while a resurgent virus hits consumption. <\/p>\n<p>Saudi Arabia\u2019s Energy Minister Prince Abdulaziz bin Salman, speaking at the coalition\u2019s committee meeting on Monday, called on the group to be proactive in the face of uncertain demand. The comments are strengthening expectations that Opec and its allies will delay plans to restore 2 million barrels of halted output at the start of next year. <\/p>\n<p>\u201cThe main focus is going to be: look, let\u2019s delay the taper, and the conversations are going to be around for how long,\u201d Amrita Sen, chief oil analyst at consultant Energy Aspects, said in a Bloomberg television interview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil extended declines as Opec+ warned of a precarious outlook for the market while a resurgent virus hits consumption. Saudi Arabia\u2019s Energy Minister Prince Abdulaziz bin Salman, speaking at the coalition\u2019s committee meeting on Monday, called on the group to be proactive in the face of uncertain demand. The comments are strengthening expectations that Opec and its allies will delay plans to restore 2 million barrels of halted output at the start of next year. \u201cThe main focus is going to be: look, let\u2019s delay the taper, and the conversations are going to be around for how long,\u201d Amrita Sen, [&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":[135,130,169],"tags":[],"class_list":["post-379624","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379624","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=379624"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379624\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=379624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=379624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=379624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}