{"id":400436,"date":"2021-02-15T11:32:39","date_gmt":"2021-02-15T06:02:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400436"},"modified":"2021-02-15T11:32:39","modified_gmt":"2021-02-15T06:02:39","slug":"view-oil-price-targets-would-make-a-far-better-goal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/view-oil-price-targets-would-make-a-far-better-goal\/","title":{"rendered":"View: Oil price targets would make a far better goal"},"content":{"rendered":"<p>If you can\u2019t hit the target, bring it closer. That seems to be the policy adopted by the OPEC+ alliance of oil producers as they make the world\u2019s biggest-ever output cuts in an attempt to shore up oil prices.<\/p>\n<p>After a meeting in January, the group\u2019s co-leader, Saudi Arabia\u2019s oil minister, Prince Abdulaziz Bin Salman, announced that the producers were setting themselves a new target for their output cuts \u2014 restoring oil stockpiles in the developed countries of the Organisation for Economic Cooperation and Development to a new five-year average level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you can\u2019t hit the target, bring it closer. That seems to be the policy adopted by the OPEC+ alliance of oil producers as they make the world\u2019s biggest-ever output cuts in an attempt to shore up oil prices. After a meeting in January, the group\u2019s co-leader, Saudi Arabia\u2019s oil minister, Prince Abdulaziz Bin Salman, announced that the producers were setting themselves a new target for their output cuts \u2014 restoring oil stockpiles in the developed countries of the Organisation for Economic Cooperation and Development to a new five-year average level.<\/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-400436","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\/400436","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=400436"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400436\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}