{"id":284715,"date":"2019-07-27T06:00:44","date_gmt":"2019-07-27T06:00:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=284715"},"modified":"2019-07-27T06:06:12","modified_gmt":"2019-07-27T06:06:12","slug":"oil-on-track-for-weekly-gain-as-iran-tensions-support-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-on-track-for-weekly-gain-as-iran-tensions-support-2\/","title":{"rendered":"Oil on track for weekly gain as Iran tensions support"},"content":{"rendered":"<p>Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the US-China trade war capped gains. <\/p>\n<p>Brent crude futures were up 16 cents at $63.55 per barrel at 0834 GMT, equivalent to a weekly rise of around 1.7 per cent. They fell 6 per cent last week. <\/p>\n<p>US West Texas Intermediate crude was 21 cents higher at $56.23 a barrel, a weekly gain of 1 per cent. It fell 7.5 per cent last week. <\/p>\n<p>Tensions remained high around the Strait of Hormuz, the world&#8217;s single most important oil passageway, as Iran refused to release a British-flagged tanker it seized last week in the Gulf.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the US-China trade war capped gains. Brent crude futures were up 16 cents at $63.55 per barrel at 0834 GMT, equivalent to a weekly rise of around 1.7 per cent. They fell 6 per cent last week. US West Texas Intermediate crude was 21 cents higher at $56.23 a barrel, a weekly gain of 1 per cent. It fell 7.5 per cent last week. Tensions remained high around the Strait of Hormuz, [&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-284715","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284715","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=284715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/284715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=284715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=284715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=284715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}