{"id":602126,"date":"2023-09-06T09:34:46","date_gmt":"2023-09-06T04:04:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602126"},"modified":"2023-09-06T10:04:22","modified_gmt":"2023-09-06T04:34:22","slug":"oil-goes-past-90-a-barrel-after-saudi-arabia-russia-prolong-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-goes-past-90-a-barrel-after-saudi-arabia-russia-prolong-cuts\/","title":{"rendered":"Oil goes past $90 a barrel after Saudi Arabia, Russia prolong cuts"},"content":{"rendered":"<p>Saudi Arabia and Russia agreed on Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.<\/p>\n<p>The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading Tuesday afternoon jumping over 2 per cent, a price unseen in the market since November last year. <\/p>\n<p>The countries&#8217; moves likely will increase the cost for motorists at gasoline pumps and put new pressure on Saudi Arabia&#8217;s relationship with the United States. President Joe Biden last year warned the kingdom there would be unspecified \u201cconsequences\u201d for partnering with Russia on cuts as Moscow wages war on Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia and Russia agreed on Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading Tuesday afternoon jumping over 2 per cent, a price unseen in the market since November last year. The countries&#8217; moves likely will increase the cost for motorists at gasoline pumps and put new pressure on Saudi Arabia&#8217;s relationship with the United States. President Joe Biden last year warned [&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-602126","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\/602126","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=602126"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602126\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}