{"id":555473,"date":"2023-02-14T11:18:51","date_gmt":"2023-02-14T05:48:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=555473"},"modified":"2023-02-14T13:06:49","modified_gmt":"2023-02-14T07:36:49","slug":"oil-falls-on-demand-concerns-as-impact-of-russian-output-cut-fades","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-demand-concerns-as-impact-of-russian-output-cut-fades\/","title":{"rendered":"Oil falls on demand concerns as impact of Russian output cut fades"},"content":{"rendered":"<p>Oil prices eased on Monday after rising 2 per cent in the previous session as investors shrugged off the impact of Russian output cuts, instead focusing on short-term demand concerns stemming from refinery maintenance in Asia and the United States.<\/p>\n<p>Prices rose on Friday after Russia, the world&#8217;s third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5 per cent of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict.<\/p>\n<p>Brent crude futures fell 69 cents, or 0.8 per cent, to $85.70 a barrel by 0153 GMT after a 2.2 per cent gain on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices eased on Monday after rising 2 per cent in the previous session as investors shrugged off the impact of Russian output cuts, instead focusing on short-term demand concerns stemming from refinery maintenance in Asia and the United States. Prices rose on Friday after Russia, the world&#8217;s third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5 per cent of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict. Brent crude futures fell 69 cents, or 0.8 per cent, [&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-555473","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\/555473","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=555473"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/555473\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=555473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=555473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=555473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}