{"id":403250,"date":"2021-03-06T08:41:21","date_gmt":"2021-03-06T03:11:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=403250"},"modified":"2021-03-06T09:01:31","modified_gmt":"2021-03-06T03:31:31","slug":"amid-high-oil-prices-saudi-asks-india-to-use-cheap-oil-it-bought-last-year","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/amid-high-oil-prices-saudi-asks-india-to-use-cheap-oil-it-bought-last-year\/","title":{"rendered":"Amid high oil prices, Saudi asks India to use cheap oil it bought last year"},"content":{"rendered":"<p>International oil prices rose after Opec and its allies ignored India\u2019s plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. <\/p>\n<p>India\u2019s Oil Minister Dharmendra Pradhan had in the run-up to Thursday\u2019s Opec meeting urged the producers\u2019 group to ease production curbs to fulfil their promise of stable oil prices. He felt rising international oil prices were hurting economic recovery and demand. <\/p>\n<p>Responding to a question on India\u2019s pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the Opec+ decision on Thursday said New Delhi should take some of the crude out of storage that they had purchased at very cheap rates last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International oil prices rose after Opec and its allies ignored India\u2019s plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. India\u2019s Oil Minister Dharmendra Pradhan had in the run-up to Thursday\u2019s Opec meeting urged the producers\u2019 group to ease production curbs to fulfil their promise of stable oil prices. He felt rising international oil prices were hurting economic recovery and demand. Responding to a question on India\u2019s pleas, Saudi energy minister Prince Abdulaziz bin Salman at a press conference after the Opec+ decision on Thursday said [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-403250","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403250","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=403250"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403250\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=403250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=403250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=403250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}