{"id":460210,"date":"2022-01-04T10:30:55","date_gmt":"2022-01-04T05:00:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=460210"},"modified":"2022-01-04T12:15:47","modified_gmt":"2022-01-04T06:45:47","slug":"oil-prices-steady-ahead-of-opec-output-policy-meeting","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-ahead-of-opec-output-policy-meeting\/","title":{"rendered":"Oil prices steady ahead of OPEC+ output policy meeting"},"content":{"rendered":"<p>MELBOURNE: Oil NSE 0.80 % prices were flat on Tuesday ahead of a meeting where major producers are expected to stick to plans to add supply in February, as soaring COVID-19 cases have yet to spark lockdowns in the biggest fuel-consuming countries.<\/p>\n<p>Brent crude futures gained 1 cent to $78.99 a barrel at 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $76.06 a barrel.<\/p>\n<p>The two benchmark contracts both climbed more than 1% on Monday.<\/p>\n<p>The Organization of the Petroleum Exporting Countries (OPEC)), Russia and allies &#8211; together called OPEC+ &#8211; are due to meet on Tuesday. The Joint Ministerial Monitoring Committee is due to meet at 1200 GMT, followed by a ministerial meeting at 1300 GMT, both by videoconference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MELBOURNE: Oil NSE 0.80 % prices were flat on Tuesday ahead of a meeting where major producers are expected to stick to plans to add supply in February, as soaring COVID-19 cases have yet to spark lockdowns in the biggest fuel-consuming countries. Brent crude futures gained 1 cent to $78.99 a barrel at 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $76.06 a barrel. The two benchmark contracts both climbed more than 1% on Monday. The Organization of the Petroleum Exporting Countries (OPEC)), Russia and allies &#8211; together called OPEC+ &#8211; are due to [&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":[130,191,136],"tags":[],"class_list":["post-460210","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460210","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=460210"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/460210\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=460210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=460210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=460210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}