{"id":307895,"date":"2019-12-31T11:48:07","date_gmt":"2019-12-31T06:18:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307895"},"modified":"2019-12-31T11:55:00","modified_gmt":"2019-12-31T06:25:00","slug":"oil-hits-fresh-3-month-high-wti-nears-62-per-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-hits-fresh-3-month-high-wti-nears-62-per-barrel\/","title":{"rendered":"Oil hits fresh 3-month high; WTI nears $62 per barrel"},"content":{"rendered":"<p>SINGAPORE: Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following a US air strike.<\/p>\n<p>Investors remained cautious despite news of the US 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 rose 4 cents to $61.76 a barrel by 0800 GMT. The US benchmark is up about 36 per cent so far this year.<\/p>\n<p>Brent crude futures were at $68.33 a barrel, up 17 cents, or 0.3 per cent. The international benchmark has risen around 27 per cent in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices held on to three-month highs on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following a US air strike. Investors remained cautious despite news of the US 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 rose 4 cents to $61.76 a barrel by 0800 GMT. The US benchmark is up about 36 per cent so far this year. Brent crude futures were at [&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-307895","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\/307895","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=307895"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307895\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}