{"id":287280,"date":"2019-08-13T07:22:29","date_gmt":"2019-08-13T07:22:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287280"},"modified":"2019-08-13T07:22:29","modified_gmt":"2019-08-13T07:22:29","slug":"oil-edges-up-on-expectations-of-more-opec-output-cuts-but-trade-worries-linger","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-edges-up-on-expectations-of-more-opec-output-cuts-but-trade-worries-linger\/","title":{"rendered":"Oil edges up on expectations of more OPEC output cuts, but trade worries linger"},"content":{"rendered":"<p>Oil prices inched higher on Friday as expectations of more OPEC production cuts provided some support, although concerns over the long-running US-China trade dispute kept a lid on gains.<\/p>\n<p>International benchmark Brent crude futures, were at $57.54 a barrel by 0646 GMT, up 16 cents, or 0.3 per cent, from their previous settlement.<\/p>\n<p>US West Texas Intermediate (WTI) futures were at $52.68 per barrel, up 14 cents, or 0.3 per cent, from their last close.<\/p>\n<p>Both contracts jumped more than 2 per cent on Thursday to recover from January lows, buoyed by reports that Saudi Arabia, the world&#8217;s biggest oil exporter, had called other producers to discuss the recent slide in crude prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices inched higher on Friday as expectations of more OPEC production cuts provided some support, although concerns over the long-running US-China trade dispute kept a lid on gains. International benchmark Brent crude futures, were at $57.54 a barrel by 0646 GMT, up 16 cents, or 0.3 per cent, from their previous settlement. US West Texas Intermediate (WTI) futures were at $52.68 per barrel, up 14 cents, or 0.3 per cent, from their last close. Both contracts jumped more than 2 per cent on Thursday to recover from January lows, buoyed by reports that Saudi Arabia, the world&#8217;s biggest oil [&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-287280","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287280","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=287280"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287280\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}