{"id":622475,"date":"2023-12-14T11:50:09","date_gmt":"2023-12-14T06:20:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622475"},"modified":"2023-12-14T12:07:28","modified_gmt":"2023-12-14T06:37:28","slug":"eia-crude-prices-likely-to-stay-around-83-per-barrel-in-2024","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/eia-crude-prices-likely-to-stay-around-83-per-barrel-in-2024\/","title":{"rendered":"EIA: Crude prices likely to stay around $83 per barrel in 2024"},"content":{"rendered":"<p>NEW DELHI: Crude oil prices will average $83 per barrel for all of 2024 as recent OPEC+ production cuts are expected to offset lower demand growth, the US Energy Information Administration (EIA) has forecast.<\/p>\n<p>The spot price of Brent crude oil has slumped to $76 per barrel, marking a significant drop from the $83 average seen in November and $91 in October. This decline was mainly driven by fears of weakening global oil demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Crude oil prices will average $83 per barrel for all of 2024 as recent OPEC+ production cuts are expected to offset lower demand growth, the US Energy Information Administration (EIA) has forecast. The spot price of Brent crude oil has slumped to $76 per barrel, marking a significant drop from the $83 average seen in November and $91 in October. This decline was mainly driven by fears of weakening global oil demand.<\/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-622475","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\/622475","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=622475"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622475\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}