{"id":292435,"date":"2019-09-18T06:12:21","date_gmt":"2019-09-18T06:12:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=292435"},"modified":"2019-09-18T06:17:40","modified_gmt":"2019-09-18T06:17:40","slug":"oil-steps-back-on-saudi-supply-reassurance-focus-shifts-to-fed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steps-back-on-saudi-supply-reassurance-focus-shifts-to-fed\/","title":{"rendered":"Oil steps back on Saudi supply reassurance, focus shifts to Fed"},"content":{"rendered":"<p>Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by the month&#8217;s end, while caution ahead of an expected US interest rate cut kept the wider financial markets in tight ranges.<\/p>\n<p>MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan was up 0.13 per cent, while Japan&#8217;s Nikkei was flat.<\/p>\n<p>Wall Street shares ticked up a tad on Tuesday, with the S&amp;P 500 gaining 0.26 per cent.<\/p>\n<p>Brent crude futures dipped 0.1 per cent to $64.50 a barrel, having conceded more than 60 per cent of their gains made after the weekend attack on Saudi oil facilities.<\/p>\n<p>US West Texas Intermediate (WTI) crude lost 0.5 per cent to $59.06 per barrel, compared to four-month peak of $68.38 marked on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by the month&#8217;s end, while caution ahead of an expected US interest rate cut kept the wider financial markets in tight ranges. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan was up 0.13 per cent, while Japan&#8217;s Nikkei was flat. Wall Street shares ticked up a tad on Tuesday, with the S&amp;P 500 gaining 0.26 per cent. Brent crude futures dipped 0.1 per cent to $64.50 a barrel, having conceded more than 60 per cent of their gains made after the weekend attack on Saudi [&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-292435","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292435","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=292435"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292435\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=292435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=292435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=292435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}