{"id":424620,"date":"2021-07-06T11:32:12","date_gmt":"2021-07-06T06:02:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424620"},"modified":"2021-07-06T13:41:27","modified_gmt":"2021-07-06T08:11:27","slug":"saudi-uae-tussle-could-lead-to-further-hike-in-crude-rates","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-uae-tussle-could-lead-to-further-hike-in-crude-rates\/","title":{"rendered":"Saudi-UAE tussle could lead to further hike in crude rates"},"content":{"rendered":"<p>NEW DELHI: Hopes of any respite from rising fuel prices receded on Monday after a bitter dispute between Saudi Arabia and UAE on Monday stalled an Opec-plus output deal, raising the prospect of tighter supplies amid recovering demand and prompting oil prices to jump higher. <\/p>\n<p>The grouping abandoned a meeting to bring the two warring heavyweights on the same page without announcing any prospective date. <\/p>\n<p>UAE is opposing Saudi proposal to extend the current deal to 2022, with phased increase in production, and demanding a higher baseline for its output quota. <\/p>\n<p>Riyadh feels the global economic recovery is still tenuous and wants the deal extended to keep the market in balance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Hopes of any respite from rising fuel prices receded on Monday after a bitter dispute between Saudi Arabia and UAE on Monday stalled an Opec-plus output deal, raising the prospect of tighter supplies amid recovering demand and prompting oil prices to jump higher. The grouping abandoned a meeting to bring the two warring heavyweights on the same page without announcing any prospective date. UAE is opposing Saudi proposal to extend the current deal to 2022, with phased increase in production, and demanding a higher baseline for its output quota. Riyadh feels the global economic recovery is still tenuous [&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":[130,219,137],"tags":[],"class_list":["post-424620","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424620","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=424620"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424620\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}