{"id":582442,"date":"2023-06-06T10:52:32","date_gmt":"2023-06-06T05:22:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=582442"},"modified":"2023-06-06T13:13:09","modified_gmt":"2023-06-06T07:43:09","slug":"saudi-arabia-slashes-output-further-to-boost-oil-price","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-slashes-output-further-to-boost-oil-price\/","title":{"rendered":"Saudi Arabia slashes output further to boost oil price"},"content":{"rendered":"<p>Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.<\/p>\n<p>The meeting of the 13-member Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and its 10 partners, led by Russia, saw some tough negotiations.<\/p>\n<p>Saudi Arabia&#8217;s fresh cut of one million barrels per day (bpd) is for July but &#8220;extendable&#8221;, its Energy Minister Prince Abdulaziz bin Salman told reporters after the hours-long OPEC+ meeting at the group&#8217;s headquarters in Vienna.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession. The meeting of the 13-member Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and its 10 partners, led by Russia, saw some tough negotiations. Saudi Arabia&#8217;s fresh cut of one million barrels per day (bpd) is for July but &#8220;extendable&#8221;, its Energy Minister Prince Abdulaziz bin Salman told reporters after the hours-long OPEC+ meeting at the group&#8217;s headquarters in Vienna.<\/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":[130,191,136],"tags":[],"class_list":["post-582442","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\/582442","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=582442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/582442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=582442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=582442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=582442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}