{"id":568297,"date":"2023-04-05T12:58:07","date_gmt":"2023-04-05T07:28:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=568297"},"modified":"2023-04-05T12:58:07","modified_gmt":"2023-04-05T07:28:07","slug":"oil-market-surges-on-surprise-output-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-market-surges-on-surprise-output-cut\/","title":{"rendered":"Oil market surges on surprise output cut"},"content":{"rendered":"<p>Benchmark indices were in a volatile mood on Monday as the surprising output cut by oil cartel Opec+ triggered inflation worries among investors while prompting a rethink of their expectations from the outcome of the monetary policy committee (MPC) meeting of the RBI this week.<\/p>\n<p>The 30-share BSE Sensex ended with gains of 114.91 points to close at 59106.44, but it moved in a 412-point range between the highest and lowest points of the day.<\/p>\n<p>The gauge began on a positive note at 59131.16 and came under pressure towards noon falling to a low of 58793.08. It, however, recovered from these lows to hit a high of 59204.82 during the session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark indices were in a volatile mood on Monday as the surprising output cut by oil cartel Opec+ triggered inflation worries among investors while prompting a rethink of their expectations from the outcome of the monetary policy committee (MPC) meeting of the RBI this week. The 30-share BSE Sensex ended with gains of 114.91 points to close at 59106.44, but it moved in a 412-point range between the highest and lowest points of the day. The gauge began on a positive note at 59131.16 and came under pressure towards noon falling to a low of 58793.08. It, however, recovered from [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-568297","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/568297","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=568297"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/568297\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=568297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=568297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=568297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}