{"id":572648,"date":"2023-04-28T11:36:06","date_gmt":"2023-04-28T06:06:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=572648"},"modified":"2023-04-28T11:36:06","modified_gmt":"2023-04-28T06:06:06","slug":"oil-prices-tumble-to-78-will-it-trigger-cut-in-domestic-pump-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-tumble-to-78-will-it-trigger-cut-in-domestic-pump-prices\/","title":{"rendered":"Oil prices tumble to $78; will it trigger cut in domestic pump prices?"},"content":{"rendered":"<p>New Delhi: Oil prices tumbled to $78 per barrel on Thursday, slipping below the near-$80 level it was trading at the beginning of the month before the OPEC+ producer club announced production cuts that triggered price spike warnings and inflationary worries.<\/p>\n<p>The drop in crude rates may not immediately translate into a reduction in domestic pump prices for fuels, but will keep refiners in good financial health.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Oil prices tumbled to $78 per barrel on Thursday, slipping below the near-$80 level it was trading at the beginning of the month before the OPEC+ producer club announced production cuts that triggered price spike warnings and inflationary worries. The drop in crude rates may not immediately translate into a reduction in domestic pump prices for fuels, but will keep refiners in good financial health.<\/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":[130,191,136],"tags":[],"class_list":["post-572648","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572648","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=572648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=572648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=572648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=572648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}