{"id":76916,"date":"2022-12-09T19:15:00","date_gmt":"2022-12-09T15:15:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=76916"},"modified":"2022-12-09T18:10:39","modified_gmt":"2022-12-09T14:10:39","slug":"putin-wont-sell-oil-to-nations-adopting-price-caps","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/putin-wont-sell-oil-to-nations-adopting-price-caps\/12\/09\/market-updates\/","title":{"rendered":"Putin: Won\u2019t sell oil to nations adopting price caps"},"content":{"rendered":"\n<p>The Russian President Vladimir Putin said on Friday that Russia will not sustain losses from oil price caps. Putin noted that &#8220;if consumer defines oil prices, this will lead to a collapse of the oil industry&#8221;, adding that this will lead to rising prices, this proposal is stupid.<br><br>Crude oil prices edged higher after Putin\u2019s comments and WTI crude is trading at $72.65, where it was up 1.25% on a daily basis.<br><br><strong>Key Quotes <br><\/strong><br>&#8220;Oil prices will skyrocket and hit those who propose price caps.&#8221;<br><br>&#8220;We will think about oil output cuts.&#8221;<br><br>&#8220;We will not sell oil to those who proposed price caps.&#8221;<br><br>&#8220;Decision on oil output cuts is not taken yet.&#8221;<br><br>&#8220;Decree responding to oil price cap will be announced in coming days.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Russian President Vladimir Putin said on Friday that Russia will not sustain losses from oil price caps. Putin noted that &#8220;if consumer defines oil prices, this will lead to a collapse of the oil industry&#8221;, adding that this will lead to rising prices, this proposal is stupid.Crude oil prices edged higher after Putin\u2019s comments &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61009,"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":[6846,9952,7648],"class_list":["post-76916","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-oil","tag-oil-price-cap","tag-putin"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76916","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=76916"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76916\/revisions"}],"predecessor-version":[{"id":76958,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76916\/revisions\/76958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61009"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=76916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=76916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=76916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}