{"id":293260,"date":"2019-09-23T07:03:53","date_gmt":"2019-09-23T07:03:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293260"},"modified":"2019-09-23T07:03:53","modified_gmt":"2019-09-23T07:03:53","slug":"oil-prices-march-to-biggest-weekly-gain-in-months-as-middle-east-tensions-dominate","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-march-to-biggest-weekly-gain-in-months-as-middle-east-tensions-dominate\/","title":{"rendered":"Oil prices march to biggest weekly gain in months as Middle East tensions dominate"},"content":{"rendered":"<p>Oil prices were on track for a more-than-7% jump this week, their biggest in months, as early trading on Friday saw gains extended on fresh tensions in the Middle East after a key Saudi Arabian supply hub was knocked out in an attack last weekend.<\/p>\n<p>Friday\u2019s rises came after a Saudi-led coalition launched a military operation north of Yemen\u2019s port city of Hodeidah, as the United States worked with Middle East and European nations to build a coalition to deter Iranian threats after the Saudi attack.<\/p>\n<p>Brent crude is on track to rise about 7.7% this week, the biggest weekly gain since January. The front-month November contract was at $64.96 a barrel, up 56 cents, by 0212 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 66 cents to $58.79 a barrel, set to post a 7.1% gain for the week, the largest weekly rise since June.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were on track for a more-than-7% jump this week, their biggest in months, as early trading on Friday saw gains extended on fresh tensions in the Middle East after a key Saudi Arabian supply hub was knocked out in an attack last weekend. Friday\u2019s rises came after a Saudi-led coalition launched a military operation north of Yemen\u2019s port city of Hodeidah, as the United States worked with Middle East and European nations to build a coalition to deter Iranian threats after the Saudi attack. Brent crude is on track to rise about 7.7% this week, the biggest weekly [&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-293260","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\/293260","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=293260"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293260\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}