{"id":388206,"date":"2020-12-07T10:27:06","date_gmt":"2020-12-07T04:57:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388206"},"modified":"2020-12-07T10:51:42","modified_gmt":"2020-12-07T05:21:42","slug":"oil-holds-advance-on-opec-deal-and-hopes-for-us-stimulus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-advance-on-opec-deal-and-hopes-for-us-stimulus\/","title":{"rendered":"Oil holds advance on OPEC+ deal and hopes for US stimulus"},"content":{"rendered":"<p>Oil held gains after capping a fifth straight weekly advance on an OPEC+ production deal and hopes for another round of U.S. stimulus that could provide an immediate demand boost before vaccines are widely rolled out.<\/p>\n<p>Futures in New York traded near $46 a barrel after rising 1.6% last week to close at a nine-month high on Friday. The Organization of Petroleum Exporting Countries and its allies came to a compromise agreement under which they will add oil 500,000 barrels a day of output from January and then hold monthly meetings to decide on subsequent moves.<\/p>\n<p>U.S. House Speaker Nancy Pelosi said there\u2019s momentum building toward a compromise fiscal stimulus plan, although Republicans complained about the scale of aid to states included in the bipartisan proposal that\u2019s become the best chance yet for a deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil held gains after capping a fifth straight weekly advance on an OPEC+ production deal and hopes for another round of U.S. stimulus that could provide an immediate demand boost before vaccines are widely rolled out. Futures in New York traded near $46 a barrel after rising 1.6% last week to close at a nine-month high on Friday. The Organization of Petroleum Exporting Countries and its allies came to a compromise agreement under which they will add oil 500,000 barrels a day of output from January and then hold monthly meetings to decide on subsequent moves. U.S. House Speaker Nancy [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-388206","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388206","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388206"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388206\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}