{"id":531349,"date":"2022-10-25T09:30:50","date_gmt":"2022-10-25T04:00:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=531349"},"modified":"2022-10-25T09:55:27","modified_gmt":"2022-10-25T04:25:27","slug":"saudi-arabia-defends-output-cut-says-opec-doing-right-job-for-stable-mkt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-defends-output-cut-says-opec-doing-right-job-for-stable-mkt\/","title":{"rendered":"Saudi Arabia defends output cut, says OPEC+ doing right job for stable mkt"},"content":{"rendered":"<p>OPEC kingpin Saudi Arabia on Friday defended the oil cartel and its partner&#8217;s decision to cut crude oil production, saying they were doing the right job to secure and stabilise the market.<\/p>\n<p>OPEC+ alliance &#8220;is doing the right job&#8221;, said Saudi Energy Minister Abdulaziz bin Salman here.<\/p>\n<p>The minister is on a day-long visit to prepare the ground for Saudi Prime Minister and Crown Prince Mohammed bin Salman&#8217;s trip to India next month.<\/p>\n<p>OPEC+ earlier this month decided to cut crude oil production quotas by 2 million barrels per day, starting in November.<\/p>\n<p>The decisions of OPEC+ are aimed at securing, stabilise and sustaining the markets, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OPEC kingpin Saudi Arabia on Friday defended the oil cartel and its partner&#8217;s decision to cut crude oil production, saying they were doing the right job to secure and stabilise the market. OPEC+ alliance &#8220;is doing the right job&#8221;, said Saudi Energy Minister Abdulaziz bin Salman here. The minister is on a day-long visit to prepare the ground for Saudi Prime Minister and Crown Prince Mohammed bin Salman&#8217;s trip to India next month. OPEC+ earlier this month decided to cut crude oil production quotas by 2 million barrels per day, starting in November. The decisions of OPEC+ are aimed at [&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-531349","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\/531349","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=531349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=531349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=531349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=531349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}