{"id":267819,"date":"2019-04-03T06:14:26","date_gmt":"2019-04-03T06:14:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=267819"},"modified":"2019-04-03T06:27:32","modified_gmt":"2019-04-03T06:27:32","slug":"oil-hits-2019-high-on-opec-cuts-eyes-70-a-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-hits-2019-high-on-opec-cuts-eyes-70-a-barrel\/","title":{"rendered":"Oil hits 2019 high on OPEC cuts; eyes $70 a barrel"},"content":{"rendered":"<p>Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, raising expectations that prices could surpass $70 soon.<\/p>\n<p>The United States is considering more sanctions against Iran, whose oil exports have been halved by existing measures, an official said. A key crude terminal in Venezuela, also under US sanctions, has halted operations again.<\/p>\n<p>Brent crude touched $69.50, the highest since mid-November, before edging down 10 cents on the day at $68.91 by 1320 GMT. US crude was up 30 cents at $61.89, having risen above $62 for the first time since early November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, raising expectations that prices could surpass $70 soon. The United States is considering more sanctions against Iran, whose oil exports have been halved by existing measures, an official said. A key crude terminal in Venezuela, also under US sanctions, has halted operations again. Brent crude touched $69.50, the highest since mid-November, before edging down 10 cents on the day at $68.91 by 1320 GMT. US crude was up 30 cents at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-267819","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267819","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=267819"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/267819\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=267819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=267819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=267819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}