{"id":311405,"date":"2020-01-21T11:41:44","date_gmt":"2020-01-21T06:11:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311405"},"modified":"2020-01-21T11:48:34","modified_gmt":"2020-01-21T06:18:34","slug":"oil-prices-gain-on-libya-iraq-supply-worries-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-gain-on-libya-iraq-supply-worries-2\/","title":{"rendered":"Oil prices gain on Libya, Iraq supply worries"},"content":{"rendered":"<p>Oil prices rose on Tuesday after Libya declared force majeure on two major oilfields following a military blockade and protests escalated in Iraq, raising supply concerns.<\/p>\n<p>Brent crude was trading up 11 cents, or 0.2 per cent, at $65.31 per barrel by 0101 GMT. US West Texas Intermediate crude futures were up 20 cents, or 0.3 per cent, at $58.74 a barrel.<\/p>\n<p>\u201cRising disruptions in &#8230; Libya are likely to keep oil prices well supported in the coming days,\u201d analysts from Australia and New Zealand Banking Group said in a note on Tuesday.<\/p>\n<p>Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national output to a fraction of its normal level, the country&#8217;s National Oil Corp (NOC) said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Tuesday after Libya declared force majeure on two major oilfields following a military blockade and protests escalated in Iraq, raising supply concerns. Brent crude was trading up 11 cents, or 0.2 per cent, at $65.31 per barrel by 0101 GMT. US West Texas Intermediate crude futures were up 20 cents, or 0.3 per cent, at $58.74 a barrel. \u201cRising disruptions in &#8230; Libya are likely to keep oil prices well supported in the coming days,\u201d analysts from Australia and New Zealand Banking Group said in a note on Tuesday. Two major oilfields in southwest Libya began [&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-311405","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311405","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=311405"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311405\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}