{"id":507194,"date":"2022-07-20T12:18:04","date_gmt":"2022-07-20T06:48:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=507194"},"modified":"2022-07-20T12:18:04","modified_gmt":"2022-07-20T06:48:04","slug":"weak-rupee-to-worsen-omcs-under-recoveries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/weak-rupee-to-worsen-omcs-under-recoveries\/","title":{"rendered":"Weak rupee to worsen OMCs\u2019 under-recoveries"},"content":{"rendered":"<p>A weak rupee will send India\u2019s net oil and net gas imports bill soaring further from $114.7 billion last fiscal since the country meets 86% of its crude and 50% of natural gas requirement through imports.<\/p>\n<p>The elevated crude prices, which after softening by over 15-20% in last three weeks on recessionary fears, to below the $100-mark, was trading again at $105.5 a barrel at 16.15 IST on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A weak rupee will send India\u2019s net oil and net gas imports bill soaring further from $114.7 billion last fiscal since the country meets 86% of its crude and 50% of natural gas requirement through imports. The elevated crude prices, which after softening by over 15-20% in last three weeks on recessionary fears, to below the $100-mark, was trading again at $105.5 a barrel at 16.15 IST on Tuesday.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-507194","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507194","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=507194"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507194\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=507194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=507194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=507194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}