{"id":307407,"date":"2019-12-26T12:50:22","date_gmt":"2019-12-26T07:20:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307407"},"modified":"2019-12-26T13:39:28","modified_gmt":"2019-12-26T08:09:28","slug":"oil-rises-on-trade-deal-progress-opec-cuts-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-trade-deal-progress-opec-cuts-supply\/","title":{"rendered":"Oil rises on trade deal progress, OPEC cuts supply"},"content":{"rendered":"<p>Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-US trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.<\/p>\n<p>Brent crude was up 16 cents, or 0.2 per cent , at $67.36 a barrel by 0155 GMT.<\/p>\n<p>West Texas Intermediate was up 20 cents, or 0.3 per cent , at $61.31 a barrel. <\/p>\n<p>\u201cOil prices continue to show year-end strength supported by a combination of definitive progress on the US-China trade deal, the Dec OPEC\/OPEC+ agreement, and slowing shale activity,\u201d said Stephen Innes, chief Asia market strategist at AxiTrader.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-US trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode. Brent crude was up 16 cents, or 0.2 per cent , at $67.36 a barrel by 0155 GMT. West Texas Intermediate was up 20 cents, or 0.3 per cent , at $61.31 a barrel. \u201cOil prices continue to show year-end strength supported by a combination of definitive progress on the US-China trade deal, the Dec OPEC\/OPEC+ agreement, and slowing shale activity,\u201d said Stephen Innes, chief Asia market strategist [&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-307407","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307407","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=307407"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307407\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}