{"id":282771,"date":"2019-07-17T06:56:37","date_gmt":"2019-07-17T06:56:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282771"},"modified":"2019-07-17T06:56:37","modified_gmt":"2019-07-17T06:56:37","slug":"oil-gains-as-iran-tensions-outweigh-us-supply-boom","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gains-as-iran-tensions-outweigh-us-supply-boom\/","title":{"rendered":"Oil gains as Iran tensions outweigh US supply boom"},"content":{"rendered":"<p>LONDON: Oil prices rose on Tuesday as tensions in the Middle East outweighed the impact of a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in US supply from shale oil. <\/p>\n<p>But gains were capped by uncertainty about China&#8217;s economic prospects after data on Monday showed that growth in the country slowed to 6.2 per cent from a year earlier, the weakest pace in at least 27 years. <\/p>\n<p>Brent crude futures were up 21 cents at $66.69 a barrel by 1030 GMT. The international benchmark lost 24 cents, or 0.4 per cent, on Monday. <\/p>\n<p>West Texas Intermediate crude futures rose by 19 cents to $59.77 a barrel. The US benchmark fell about 1 per cent in the previous session. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices rose on Tuesday as tensions in the Middle East outweighed the impact of a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in US supply from shale oil. But gains were capped by uncertainty about China&#8217;s economic prospects after data on Monday showed that growth in the country slowed to 6.2 per cent from a year earlier, the weakest pace in at least 27 years. Brent crude futures were up 21 cents at $66.69 a barrel by 1030 GMT. The international benchmark lost 24 cents, or 0.4 per cent, on Monday. [&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":[130,191,136],"tags":[],"class_list":["post-282771","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282771","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=282771"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282771\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}