{"id":394937,"date":"2021-01-13T11:29:10","date_gmt":"2021-01-13T05:59:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=394937"},"modified":"2021-01-13T11:29:10","modified_gmt":"2021-01-13T05:59:10","slug":"oil-hits-11-month-high-near-57-as-saudi-supply-cut-supports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-hits-11-month-high-near-57-as-saudi-supply-cut-supports\/","title":{"rendered":"Oil hits 11-month high near $57 as Saudi supply cut supports"},"content":{"rendered":"<p>Oil hit an 11-month high just below $57 a barrel on Tuesday as tighter supply and expectations for a drop in U.S. inventories offset concerns over rising coronavirus cases globally.<\/p>\n<p>Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February and March to keep inventories in check. The latest U.S. supply reports are expected to show crude stocks fell for a fifth straight week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil hit an 11-month high just below $57 a barrel on Tuesday as tighter supply and expectations for a drop in U.S. inventories offset concerns over rising coronavirus cases globally. Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February and March to keep inventories in check. The latest U.S. supply reports are expected to show crude stocks fell for a fifth straight week.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-394937","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394937","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=394937"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394937\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=394937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=394937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=394937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}