{"id":50355,"date":"2021-09-06T10:29:04","date_gmt":"2021-09-06T06:29:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=50355"},"modified":"2021-09-06T10:29:06","modified_gmt":"2021-09-06T06:29:06","slug":"oil-continues-to-decline-after-large-cuts-in-saudi-crude-oil-prices-to-asia","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-continues-to-decline-after-large-cuts-in-saudi-crude-oil-prices-to-asia\/09\/06\/market-updates\/","title":{"rendered":"Oil Continues to Decline After Large Cuts in Saudi Crude Oil Prices to Asia"},"content":{"rendered":"\n<p>Oil prices extended their decline on Monday after Saudi Arabia, the world&#8217;s largest exporter, cut crude prices for Asia at the weekend, indicating a good supply in global markets.<\/p>\n\n\n\n<p>Brent crude futures for November fell 57 cents, or 0.8%, to $72.04 a barrel by 01:01 GMT, while US West Texas Intermediate crude for October recorded $68.73 a barrel, down 56 cents, or 0.8%.<\/p>\n\n\n\n<p>Saudi oil giant Aramco notified customers in a statement on Sunday that it would reduce October prices for all types of crude sold to Asia, its largest buying region, by at least $1 a barrel.<\/p>\n\n\n\n<p>A Reuters poll of Asian refiners indicated that the price cuts were larger than expected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended their decline on Monday after Saudi Arabia, the world&#8217;s largest exporter, cut crude prices for Asia at the weekend, indicating a good supply in global markets. Brent crude futures for November fell 57 cents, or 0.8%, to $72.04 a barrel by 01:01 GMT, while US West Texas Intermediate crude for October recorded &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6846],"class_list":["post-50355","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=50355"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50355\/revisions"}],"predecessor-version":[{"id":50356,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50355\/revisions\/50356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34232"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=50355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=50355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=50355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}