{"id":402955,"date":"2021-03-04T10:18:30","date_gmt":"2021-03-04T04:48:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402955"},"modified":"2021-03-04T10:18:30","modified_gmt":"2021-03-04T04:48:30","slug":"oil-traders-count-down-to-critical-opec-meet-with-wti-near-61","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-traders-count-down-to-critical-opec-meet-with-wti-near-61\/","title":{"rendered":"Oil traders count down to critical OPEC+ meet with WTI near $61"},"content":{"rendered":"<p>Oil traded near $61 a barrel as investors waited for the outcome of a critical OPEC+ policy meeting later Thursday with no clear steer on how much supply the cartel will return to a fast-tightening market.<\/p>\n<p>West Texas Intermediate fell 0.3% after rising 2.6% Wednesday, when prices got a lift from a record drop in U.S. fuel inventories. Group leaders Saudi Arabia and Russia held talks Wednesday seeking common ground on output as Riyadh urges caution but Moscow seeks to raise supply, according to a delegate.<\/p>\n<p>Crude has surged this year after the Organization of Petroleum Exporting Countries and its allies slashed collective output to drive a rebalancing of the pandemic-roiled market. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil traded near $61 a barrel as investors waited for the outcome of a critical OPEC+ policy meeting later Thursday with no clear steer on how much supply the cartel will return to a fast-tightening market. West Texas Intermediate fell 0.3% after rising 2.6% Wednesday, when prices got a lift from a record drop in U.S. fuel inventories. Group leaders Saudi Arabia and Russia held talks Wednesday seeking common ground on output as Riyadh urges caution but Moscow seeks to raise supply, according to a delegate. Crude has surged this year after the Organization of Petroleum Exporting Countries and its [&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-402955","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\/402955","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=402955"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402955\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}