{"id":657436,"date":"2026-01-06T11:05:54","date_gmt":"2026-01-06T05:35:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=657436"},"modified":"2026-01-06T11:05:54","modified_gmt":"2026-01-06T05:35:54","slug":"venezuelas-oil-unlikely-to-lift-global-oil-supplies-anytime-soon","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/venezuelas-oil-unlikely-to-lift-global-oil-supplies-anytime-soon\/","title":{"rendered":"Venezuela&#8217;s oil unlikely to lift global oil supplies anytime soon"},"content":{"rendered":"<p>New Delhi: The US intervention in Venezuela is unlikely to immediately increase crude oil supplies for global and Indian refiners, given the prolonged production decline in the sanctions-hit Latin American country, according to sector experts.<\/p>\n<p>\u201cVenezuela is currently producing only about 0.8% of global oil output, even as it holds around 18% of global oil reserves,\u201d said Prashant Vasisht, senior vice-president and co-group head, corporate ratings, Icra Ltd. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The US intervention in Venezuela is unlikely to immediately increase crude oil supplies for global and Indian refiners, given the prolonged production decline in the sanctions-hit Latin American country, according to sector experts. \u201cVenezuela is currently producing only about 0.8% of global oil output, even as it holds around 18% of global oil reserves,\u201d said Prashant Vasisht, senior vice-president and co-group head, corporate ratings, Icra Ltd.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-657436","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/657436","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=657436"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/657436\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=657436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=657436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=657436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}