{"id":283421,"date":"2019-07-20T06:06:36","date_gmt":"2019-07-20T06:06:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283421"},"modified":"2019-07-20T06:06:36","modified_gmt":"2019-07-20T06:06:36","slug":"oil-climbs-as-middle-east-tensions-offset-demand-worries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-climbs-as-middle-east-tensions-offset-demand-worries\/","title":{"rendered":"Oil climbs as Middle East tensions offset demand worries"},"content":{"rendered":"<p>Oil prices rose about 1 percent on Friday after steep losses a day earlier, supported by rising tensions between the United States and Iran, even as concerns that slowing economic growth could dent global oil demand cast a cloud.<\/p>\n<p>For the week, benchmark crude prices declined, having fallen sharply earlier in the week on demand worries.<\/p>\n<p>Brent crude futures settled 54 cents higher at $62.47 a barrel. West Texas Intermediate crude futures rose 33 cents to end the session at $55.63 a barrel.<\/p>\n<p>Still, WTI dropped 7% for the week and Brent lost about 5.5% for the week, the steepest losses for both benchmarks since late May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose about 1 percent on Friday after steep losses a day earlier, supported by rising tensions between the United States and Iran, even as concerns that slowing economic growth could dent global oil demand cast a cloud. For the week, benchmark crude prices declined, having fallen sharply earlier in the week on demand worries. Brent crude futures settled 54 cents higher at $62.47 a barrel. West Texas Intermediate crude futures rose 33 cents to end the session at $55.63 a barrel. Still, WTI dropped 7% for the week and Brent lost about 5.5% for the week, the steepest [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-283421","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283421","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283421"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283421\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}