{"id":283963,"date":"2019-07-23T06:28:35","date_gmt":"2019-07-23T06:28:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283963"},"modified":"2019-07-23T06:28:35","modified_gmt":"2019-07-23T06:28:35","slug":"oil-prices-jump-after-iran-seizes-british-tanker","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-jump-after-iran-seizes-british-tanker\/","title":{"rendered":"Oil prices jump after Iran seizes British tanker"},"content":{"rendered":"<p>LONDON: Oil prices rose sharply on Monday on concerns that Iran&#8217;s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. <\/p>\n<p>Brent crude futures climbed $1.31, or 2.1 per cent, to $63.78 a barrel by 1040 GMT. <\/p>\n<p>West Texas Intermediate (WTI) crude futures were up 87 cents, or 1.56 per cent, at $56.50 a barrel. <\/p>\n<p>Last week, WTI fell over 7 per cent and Brent lost more than 6 per cent. <\/p>\n<p>&#8220;The events in the Gulf have definitely taken the market into more bullish territory in today&#8217;s trading,&#8221; said Erik Norland, senior economist at CME Group. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices rose sharply on Monday on concerns that Iran&#8217;s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude futures climbed $1.31, or 2.1 per cent, to $63.78 a barrel by 1040 GMT. West Texas Intermediate (WTI) crude futures were up 87 cents, or 1.56 per cent, at $56.50 a barrel. Last week, WTI fell over 7 per cent and Brent lost more than 6 per cent. &#8220;The events in the Gulf have definitely taken the market into more bullish territory in today&#8217;s trading,&#8221; said Erik Norland, senior economist 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":[130,191,136],"tags":[],"class_list":["post-283963","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\/283963","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=283963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}