{"id":400385,"date":"2021-02-15T11:11:31","date_gmt":"2021-02-15T05:41:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400385"},"modified":"2021-02-15T11:11:31","modified_gmt":"2021-02-15T05:41:31","slug":"oil-rich-countries-not-looking-into-interest-of-consuming-nations-dharmendra-pradhan-on-rising-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rich-countries-not-looking-into-interest-of-consuming-nations-dharmendra-pradhan-on-rising-prices\/","title":{"rendered":"Oil-rich countries not looking into interest of consuming nations: Dharmendra Pradhan on rising prices"},"content":{"rendered":"<p>Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Saturday blamed the artificial price mechanism created by Oil-producing nations for the exponential rise in retail prices of petrol and diesel.<\/p>\n<p>&#8220;I am sorry to say oil-rich countries are not looking into the interest of consuming countries. They created an artificial price mechanism. This is pinching the consuming countries,&#8221; Pradhan told reporters.<\/p>\n<p>Facing severe criticism from opposition parties on the issue, the minister said there was a total collapse in demand for petroleum across the world due to the Covid-19 lockdown and petroleum producers had to reduce production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Saturday blamed the artificial price mechanism created by Oil-producing nations for the exponential rise in retail prices of petrol and diesel. &#8220;I am sorry to say oil-rich countries are not looking into the interest of consuming countries. They created an artificial price mechanism. This is pinching the consuming countries,&#8221; Pradhan told reporters. Facing severe criticism from opposition parties on the issue, the minister said there was a total collapse in demand for petroleum across the world due to the Covid-19 lockdown and petroleum producers had to reduce production.<\/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-400385","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\/400385","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=400385"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400385\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}