{"id":408775,"date":"2021-04-03T09:51:57","date_gmt":"2021-04-03T04:21:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=408775"},"modified":"2021-04-03T11:01:29","modified_gmt":"2021-04-03T05:31:29","slug":"oil-gains-ahead-of-opec-meeting-on-output-policy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gains-ahead-of-opec-meeting-on-output-policy\/","title":{"rendered":"Oil gains ahead of OPEC+ meeting on output policy"},"content":{"rendered":"<p>Crude prices rose on Thursday, recouping some of the previous session&#8217;s losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent Covid-19 infections in some regions.<\/p>\n<p>Brent crude for June delivery was up by 31 cents, or 0.5 per cent, at $63.05 a barrel by 07:29 IST after falling 2.2 per cent overnight. US oil was up 38 cents, or 0.6 per cent, at $59.54 a barrel, having dropped 2.3 per centon Wednesday. <\/p>\n<p>Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia and Kazakhstan, a group called OPEC+, meet later on Thursday to consider options that include an output roll-over and a gradual output increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude prices rose on Thursday, recouping some of the previous session&#8217;s losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent Covid-19 infections in some regions. Brent crude for June delivery was up by 31 cents, or 0.5 per cent, at $63.05 a barrel by 07:29 IST after falling 2.2 per cent overnight. US oil was up 38 cents, or 0.6 per cent, at $59.54 a barrel, having dropped 2.3 per centon Wednesday. Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia [&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":[146,130,177],"tags":[],"class_list":["post-408775","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408775","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=408775"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408775\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=408775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=408775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=408775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}