{"id":307753,"date":"2019-12-30T11:36:28","date_gmt":"2019-12-30T06:06:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307753"},"modified":"2019-12-30T11:44:46","modified_gmt":"2019-12-30T06:14:46","slug":"oil-steady-on-trade-pact-optimism-stock-draw-eyes-on-mideast","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-on-trade-pact-optimism-stock-draw-eyes-on-mideast\/","title":{"rendered":"Oil steady on trade pact optimism, stock draw; eyes on MidEast"},"content":{"rendered":"<p>SINGAPORE: Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected US-China trade deal, while traders kept a close eye on Middle East unrest.<\/p>\n<p>Markets showed little immediate reaction to news of US air strikes in Iraq and Syria against an Iran-backed militia group, even as US officials warned &#8220;additional actions&#8221; may be taken.<\/p>\n<p>West Texas Intermediate (WTI) crude futures edged up 1 cent to $61.73 a barrel by 0210 GMT. The US benchmark is up about 36 per cent so far this year.<\/p>\n<p>Brent crude futures were at $68.28 a barrel, up 12 cents. The international benchmark has risen around 27 per cent in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected US-China trade deal, while traders kept a close eye on Middle East unrest. Markets showed little immediate reaction to news of US air strikes in Iraq and Syria against an Iran-backed militia group, even as US officials warned &#8220;additional actions&#8221; may be taken. West Texas Intermediate (WTI) crude futures edged up 1 cent to $61.73 a barrel by 0210 GMT. The US benchmark is up about 36 per cent so far this year. Brent crude futures were at $68.28 a [&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-307753","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\/307753","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=307753"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307753\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}