{"id":453598,"date":"2021-12-02T11:02:58","date_gmt":"2021-12-02T05:32:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=453598"},"modified":"2021-12-02T12:32:13","modified_gmt":"2021-12-02T07:02:13","slug":"oil-producers-face-omicron-uncertainty-rebellious-customers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-producers-face-omicron-uncertainty-rebellious-customers\/","title":{"rendered":"Oil producers face Omicron uncertainty, rebellious customers"},"content":{"rendered":"<p>One thing is for certain when officials from OPEC, Russia and other oil-producing countries meet by teleconference Thursday to decide how much oil to produce in January. <\/p>\n<p>They will want to try to make sure that last Friday\u2019s sudden, sharp collapse in oil prices \u2014 a drop of more than 10% within a few hours, set off by reports of a threatening new Covid-19 variant \u2014 does not become a rout.<\/p>\n<p>\u201cThey will want to put some sort of floor under prices,\u201d said Richard Bronze, head of geopolitics at Energy Aspects, a research firm. <\/p>\n<p>But the producers group, known as OPEC Plus, also must worry about the implications of the announcement last week that the United States and several other nations,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One thing is for certain when officials from OPEC, Russia and other oil-producing countries meet by teleconference Thursday to decide how much oil to produce in January. They will want to try to make sure that last Friday\u2019s sudden, sharp collapse in oil prices \u2014 a drop of more than 10% within a few hours, set off by reports of a threatening new Covid-19 variant \u2014 does not become a rout. \u201cThey will want to put some sort of floor under prices,\u201d said Richard Bronze, head of geopolitics at Energy Aspects, a research firm. But the producers group, known as [&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-453598","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\/453598","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=453598"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/453598\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=453598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=453598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=453598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}