{"id":659836,"date":"2026-04-04T12:00:10","date_gmt":"2026-04-04T06:30:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=659836"},"modified":"2026-04-04T12:00:10","modified_gmt":"2026-04-04T06:30:10","slug":"indias-crude-price-hits-4-year-high-opec-mulls-hike-in-output","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-crude-price-hits-4-year-high-opec-mulls-hike-in-output\/","title":{"rendered":"India\u2019s crude price hits 4-year high; OPEC mulls hike in output"},"content":{"rendered":"<p>NEW DELHI: India\u2019s oil basket recorded $113.49 a barrel in March, the highest in four years, due to disrupted global supplies amid the conflict in West Asia. In March 2023, the oil basket had reached $112.87 after the Ukraine war broke out, but it slowly eased. The cost of crude for Indian refiners was pegged at $120.84 on April 1, when the Brent crude was hovering around $107 a barrel.<\/p>\n<p>The price of the Indian oil basket represents the average of Oman and Dubai for sour grades and Brent (Dated) for sweet grades in the ratio of crude processed during the previous financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s oil basket recorded $113.49 a barrel in March, the highest in four years, due to disrupted global supplies amid the conflict in West Asia. In March 2023, the oil basket had reached $112.87 after the Ukraine war broke out, but it slowly eased. The cost of crude for Indian refiners was pegged at $120.84 on April 1, when the Brent crude was hovering around $107 a barrel. The price of the Indian oil basket represents the average of Oman and Dubai for sour grades and Brent (Dated) for sweet grades in the ratio of crude processed during [&hellip;]<\/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":[130,219,137],"tags":[],"class_list":["post-659836","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659836","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=659836"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/659836\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=659836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=659836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=659836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}