{"id":519882,"date":"2022-09-06T10:11:40","date_gmt":"2022-09-06T04:41:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519882"},"modified":"2022-09-06T10:59:13","modified_gmt":"2022-09-06T05:29:13","slug":"oil-prices-jump-over-2-ahead-of-opec-plus-meeting-to-discuss-output-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-jump-over-2-ahead-of-opec-plus-meeting-to-discuss-output-cut\/","title":{"rendered":"Oil prices jump over $2 ahead of OPEC-plus meeting to discuss output cut"},"content":{"rendered":"<p>LONDON (Reuters) -Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.<\/p>\n<p>Brent crude futures advanced by $2.43, or 2.6%, to $95.45 a barrel by 0850 GMT after rising 0.7% on Friday. U.S. West Texas Intermediate crude was up $2.21, or 2.5%, at $89.08 after a 0.3% gain in the previous session. <\/p>\n<p>U.S. markets are closed for a public holiday on Monday.<\/p>\n<p>At their meeting later on Monday, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, will discuss oil output cuts of 100,000 barrels per day among other options, sources from the group told Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures advanced by $2.43, or 2.6%, to $95.45 a barrel by 0850 GMT after rising 0.7% on Friday. U.S. West Texas Intermediate crude was up $2.21, or 2.5%, at $89.08 after a 0.3% gain in the previous session. U.S. markets are closed for a public holiday on Monday. At their meeting later on Monday, the Organization of the Petroleum Exporting Countries (OPEC) and [&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":[135,130,169],"tags":[],"class_list":["post-519882","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519882","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=519882"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519882\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}