{"id":296009,"date":"2019-10-14T12:33:11","date_gmt":"2019-10-14T07:03:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296009"},"modified":"2019-10-14T12:33:11","modified_gmt":"2019-10-14T07:03:11","slug":"oil-prices-edge-up-supported-by-iran-ship-attack-us-china-trade-detente","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-edge-up-supported-by-iran-ship-attack-us-china-trade-detente\/","title":{"rendered":"Oil prices edge up, supported by Iran ship attack, US-China trade detente"},"content":{"rendered":"<p>SINGAPORE, Oct 14 (Reuters) &#8211; Oil prices were little changed on Monday, holding onto 2 per cent gains from Friday amid renewed geopolitical tensions in the Middle East, while a detente in the US-China trade war buoyed market sentiment.<\/p>\n<p>Brent crude futures rose 9 cents to $60.60 a barrel by 1208 GMT, while US West Texas Intermediate (WTI) crude futures was at $54.79 a barrel, up 9 cents. <\/p>\n<p>Both contracts rose more than 3 per cent last week, their first weekly gain in three weeks. <\/p>\n<p>Most of the gains were posted on Friday after an Iranian oil tanker was attacked off Saudi Arabia&#8217;s coast in the Red Sea. Investigations are under way to determine if the tanker was hit by missiles, which could ratchet up tensions between Tehran and Riyadh if confirmed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, Oct 14 (Reuters) &#8211; Oil prices were little changed on Monday, holding onto 2 per cent gains from Friday amid renewed geopolitical tensions in the Middle East, while a detente in the US-China trade war buoyed market sentiment. Brent crude futures rose 9 cents to $60.60 a barrel by 1208 GMT, while US West Texas Intermediate (WTI) crude futures was at $54.79 a barrel, up 9 cents. Both contracts rose more than 3 per cent last week, their first weekly gain in three weeks. Most of the gains were posted on Friday after an Iranian oil tanker was attacked [&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-296009","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\/296009","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=296009"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296009\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}