{"id":403455,"date":"2021-03-06T12:20:40","date_gmt":"2021-03-06T06:50:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=403455"},"modified":"2021-03-06T12:28:18","modified_gmt":"2021-03-06T06:58:18","slug":"opec-ignores-indias-call-saudi-asks-new-delhi-to-use-cheap-oil-it-bought-last-year-to-cool-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opec-ignores-indias-call-saudi-asks-new-delhi-to-use-cheap-oil-it-bought-last-year-to-cool-prices\/","title":{"rendered":"OPEC ignores India\u2019s call; Saudi asks New Delhi to use cheap oil it bought last year to cool prices"},"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>Brent crude, the most widely used benchmark, on Friday rose nearly 1 per cent to USD 67.44 a barrel after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, agreed not to increase supplies in April awaiting more substantial recovery in demand.<\/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.<\/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. Brent crude, the most widely used benchmark, on Friday rose nearly 1 per cent to USD 67.44 a barrel after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, agreed not to increase supplies in April awaiting more substantial recovery in demand. India\u2019s Oil Minister Dharmendra Pradhan had in the run-up to Thursday\u2019s OPEC meeting urged the producers\u2019 group [&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":[130,195,138],"tags":[],"class_list":["post-403455","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403455","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=403455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=403455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=403455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=403455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}