{"id":409034,"date":"2021-04-03T12:25:03","date_gmt":"2021-04-03T06:55:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=409034"},"modified":"2021-04-03T13:01:39","modified_gmt":"2021-04-03T07:31:39","slug":"india-says-we-expect-more-as-opec-agrees-to-ease-oil-output-cuts-slightly","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-says-we-expect-more-as-opec-agrees-to-ease-oil-output-cuts-slightly\/","title":{"rendered":"India says \u2018we expect more\u2019 as OPEC+ agrees to ease oil output cuts slightly"},"content":{"rendered":"<p>The ministry of external affairs on Friday said that the country expected further relaxation in oil output cuts a day after the Organization of the Petroleum Exporting Countries, Russia, and their allies, a group known as OPEC+, agreed to gradually ease its output cuts from May.<\/p>\n<p>\u201cIndia has been appealing to OPEC and OPEC+ to ease crude oil production cuts that were announced last year. We believe crude supply should be market-determined rather than artificially managed. OPEC &amp; OPEC+ have announced slight easing off last week but we expect more,\u201d MEA spokesperson Arindam Bagchi was quoted as saying by news agency ANI.<\/p>\n<p>Bagchi\u2019s statement comes in the backdrop of the easing of production curbs announcement by OPEC+, which has been implementing deep cuts following the oil price collapse triggered by the coronavirus pandemic since last year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ministry of external affairs on Friday said that the country expected further relaxation in oil output cuts a day after the Organization of the Petroleum Exporting Countries, Russia, and their allies, a group known as OPEC+, agreed to gradually ease its output cuts from May. \u201cIndia has been appealing to OPEC and OPEC+ to ease crude oil production cuts that were announced last year. We believe crude supply should be market-determined rather than artificially managed. OPEC &amp; OPEC+ have announced slight easing off last week but we expect more,\u201d MEA spokesperson Arindam Bagchi was quoted as saying by news [&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":[141,130,183],"tags":[],"class_list":["post-409034","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/409034","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=409034"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/409034\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=409034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=409034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=409034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}