{"id":67244,"date":"2022-06-16T22:13:00","date_gmt":"2022-06-16T18:13:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67244"},"modified":"2022-06-16T22:23:52","modified_gmt":"2022-06-16T18:23:52","slug":"russian-novak-no-plans-to-switch-to-oil-for-rubles-scheme","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/russian-novak-no-plans-to-switch-to-oil-for-rubles-scheme\/06\/16\/market-updates\/","title":{"rendered":"Russian Novak: No plans to switch to oil-for-rubles scheme"},"content":{"rendered":"\n<p>&#8220;There is no need for Russia to cut its oil output,&#8221; Russian Deputy Prime Minister Alexander Novak told RBC media on Thursday.<br><br>&#8220;OPEC+ role is on the rise due to uncertainties with demand and supply in China, Iran, Libya and Venezuela,&#8221; Novak added. &#8220;We don&#8217;t have plans to switch to an oil-for-rubles scheme.&#8221;<br><br>the market&#8217;s reaction for crude oil prices was edging slightly lower following these comments. West Texas Intermediate was trading at $115.15, where it was down 0.6% on a daily basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;There is no need for Russia to cut its oil output,&#8221; Russian Deputy Prime Minister Alexander Novak told RBC media on Thursday.&#8220;OPEC+ role is on the rise due to uncertainties with demand and supply in China, Iran, Libya and Venezuela,&#8221; Novak added. &#8220;We don&#8217;t have plans to switch to an oil-for-rubles scheme.&#8221;the market&#8217;s reaction for &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61512,"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":[38,37,36],"tags":[8159,6888,9142],"class_list":["post-67244","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-crude-oil-prices","tag-novak","tag-ruble"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67244","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=67244"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67244\/revisions"}],"predecessor-version":[{"id":67248,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67244\/revisions\/67248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61512"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}