{"id":607387,"date":"2023-09-30T10:09:50","date_gmt":"2023-09-30T04:39:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=607387"},"modified":"2023-09-30T11:08:20","modified_gmt":"2023-09-30T05:38:20","slug":"pak-seeks-discounts-in-oil-imports-from-russia-urges-to-cap-rate-at-60-per-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pak-seeks-discounts-in-oil-imports-from-russia-urges-to-cap-rate-at-60-per-barrel\/","title":{"rendered":"Pak seeks discounts in oil imports from Russia; urges to cap rate at $60 per barrel"},"content":{"rendered":"<p>Cash-strapped Pakistan is seeking discounts in oil imports from Russia and has urged Moscow to strike a long-term oil deal while remaining within the price cap at $60 per barrel, a media report said on Friday.<\/p>\n<p>Pakistan, which is currently grappling with high external debt and a weak local currency, is hoping that snapping crude at discounted rates from Russia will stabilise oil prices in the country, The Express Tribune newspaper reported.<\/p>\n<p>&#8216;Pakistan wanted Russia to set a benchmark of $60 dollars per barrel \u2018free on board\u2019 (FOB) \u2013 the actual price charged at the port \u2013 to import crude oil on a long-term basis. This means that Russia will also be bearing the freight cost for oil to be exported to Pakistan,&#8217; the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash-strapped Pakistan is seeking discounts in oil imports from Russia and has urged Moscow to strike a long-term oil deal while remaining within the price cap at $60 per barrel, a media report said on Friday. Pakistan, which is currently grappling with high external debt and a weak local currency, is hoping that snapping crude at discounted rates from Russia will stabilise oil prices in the country, The Express Tribune newspaper reported. &#8216;Pakistan wanted Russia to set a benchmark of $60 dollars per barrel \u2018free on board\u2019 (FOB) \u2013 the actual price charged at the port \u2013 to import crude [&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-607387","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\/607387","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=607387"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/607387\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=607387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=607387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=607387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}