{"id":2977,"date":"2023-06-05T15:30:33","date_gmt":"2023-06-05T13:30:33","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=2977"},"modified":"2023-06-05T15:30:33","modified_gmt":"2023-06-05T13:30:33","slug":"saudi-pledge-pushes-oil-prices-higher","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=2977","title":{"rendered":"Saudi pledge pushes oil prices higher"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Riyadh has announced a voluntary supply cut of 1 million barrels per day, starting in July<\/p>\n<p>Global crude oil prices have risen after Saudi officials announced plans to cut production by an extra 1 million barrels per day (bpd), starting from July. The move is expected to take the country\u2019s output to its lowest level in several years.<\/p>\n<p>The main benchmarks jumped more than 2% on Monday following the news. Brent crude futures were trading at $77.89 a barrel at 9:50am London time, up 2.3%. US West Texas Intermediate futures stood at $73.50, over 2.4% higher.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh has announced a voluntary supply cut of 1 million barrels per day, starting in July Global crude oil prices have risen after Saudi officials announced plans to cut production by an extra 1 million barrels per day (bpd), starting from July. The move is expected to take the country\u2019s output to its lowest level [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-2977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/2977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2977"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/2977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/2978"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}