{"id":301537,"date":"2019-11-19T10:51:22","date_gmt":"2019-11-19T05:21:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301537"},"modified":"2019-11-19T11:06:50","modified_gmt":"2019-11-19T05:36:50","slug":"oil-prices-hold-above-63-on-us-china-trade-deal-optimism-opec-meet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hold-above-63-on-us-china-trade-deal-optimism-opec-meet\/","title":{"rendered":"Oil prices hold above $63 on US-China trade deal optimism, Opec meet"},"content":{"rendered":"<p>Hopes for a trade deal between the United States and China and expectations that OPEC would extend production cuts supported oil prices on Monday, helping them hold on to last week&#8217;s gains. <\/p>\n<p>Brent crude futures, which rose 1.3% last week, were little changed, trading at above $63 per barrel at 1100 GMT. West Texas Intermediate (WTI) crude was also flat at $57.7 a barrel, having gained 0.8% last week. <\/p>\n<p>Oil rose on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, although worries about increasing crude supplies capped prices. <\/p>\n<p>&#8220;In the short term, U.S.-China trade talks and (the) OPEC meeting in early December are the two biggest events oil traders are watching for,&#8221; Margaret Yang, an analyst at CMC Markets, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hopes for a trade deal between the United States and China and expectations that OPEC would extend production cuts supported oil prices on Monday, helping them hold on to last week&#8217;s gains. Brent crude futures, which rose 1.3% last week, were little changed, trading at above $63 per barrel at 1100 GMT. West Texas Intermediate (WTI) crude was also flat at $57.7 a barrel, having gained 0.8% last week. Oil rose on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, although worries about increasing crude supplies capped prices. &#8220;In the short term, U.S.-China [&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":[135,130,169],"tags":[],"class_list":["post-301537","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301537","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=301537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}