{"id":447744,"date":"2021-11-06T10:17:23","date_gmt":"2021-11-06T04:47:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447744"},"modified":"2021-11-06T11:40:06","modified_gmt":"2021-11-06T06:10:06","slug":"oil-rises-after-opec-rejects-call-for-more-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-after-opec-rejects-call-for-more-supply\/","title":{"rendered":"Oil rises after OPEC+ rejects call for more supply"},"content":{"rendered":"<p>Oil prices rose around 1 per cent on Friday, staging a partial recovery after OPEC+ producers rebuffed a US call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic. <\/p>\n<p>Brent crude rose 72 cents or 0.9 per cent to $81.26 a barrel by around 0452 GMT, after falling nearly 2 per cent on Thursday. US oil gained 78 cents or 1.0 per cent to $79.59 a barrel, having declined 2.5 per cent in the previous session. <\/p>\n<p>The OPEC+ group of major producers agreed on Thursday to stick to their plan to raise oil output by 400,000 barrels per day (bpd) from December, ignoring calls from US President Joe Biden for extra output to cool rising prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose around 1 per cent on Friday, staging a partial recovery after OPEC+ producers rebuffed a US call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic. Brent crude rose 72 cents or 0.9 per cent to $81.26 a barrel by around 0452 GMT, after falling nearly 2 per cent on Thursday. US oil gained 78 cents or 1.0 per cent to $79.59 a barrel, having declined 2.5 per cent in the previous session. The OPEC+ group of major producers agreed on Thursday to stick to their plan to raise [&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-447744","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\/447744","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=447744"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447744\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}