{"id":423963,"date":"2021-07-03T09:02:33","date_gmt":"2021-07-03T03:32:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=423963"},"modified":"2021-07-03T09:39:37","modified_gmt":"2021-07-03T04:09:37","slug":"oil-prices-dip-after-opec-ministers-delays-meeting-on-supply-decision","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-dip-after-opec-ministers-delays-meeting-on-supply-decision\/","title":{"rendered":"Oil prices dip after OPEC+ ministers delays meeting on supply decision"},"content":{"rendered":"<p>SINGAPORE (Reuters) -Oil prices inched lower on Friday after OPEC+ ministers delayed a meeting on output policy as the United Arab Emirates balked at a plan to add back 2 million barrels per day (bpd) in the second half of the year. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures were down 10 cents at $75.13 a barrel at 0501 GMT, having jumped 2.4% on Thursday to close at their highest since October 2018.<\/p>\n<p>Brent crude futures inched down 7 cents to $75.77 a barrel, after rising 1.6% on Thursday.<\/p>\n<p>Both benchmark contracts posted strong gains on Thursday over a plan backed by Saudi Arabia and Russia for the Organization of Petroleum Countries and allies, together known as OPEC+,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) -Oil prices inched lower on Friday after OPEC+ ministers delayed a meeting on output policy as the United Arab Emirates balked at a plan to add back 2 million barrels per day (bpd) in the second half of the year. U.S. West Texas Intermediate (WTI) crude futures were down 10 cents at $75.13 a barrel at 0501 GMT, having jumped 2.4% on Thursday to close at their highest since October 2018. Brent crude futures inched down 7 cents to $75.77 a barrel, after rising 1.6% on Thursday. Both benchmark contracts posted strong gains on Thursday over a plan [&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-423963","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\/423963","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=423963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=423963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=423963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=423963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}