{"id":351523,"date":"2020-05-16T10:03:04","date_gmt":"2020-05-16T04:33:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351523"},"modified":"2020-05-16T10:03:04","modified_gmt":"2020-05-16T04:33:04","slug":"oil-hits-one-month-high-as-signs-of-demand-emerge-amid-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-hits-one-month-high-as-signs-of-demand-emerge-amid-coronavirus-crisis\/","title":{"rendered":"Oil hits one-month high as signs of demand emerge amid coronavirus crisis"},"content":{"rendered":"<p>Oil prices jumped more than 3 per cent on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refinery runs, and rounding out a week of bullish news on the supply front.<\/p>\n<p>Brent crude was up $1.21 cents, or 3.9 per cent at $32.34 a barrel by 0707 GMT, after touching $32.44 the highest since April 14. Brent rose nearly 7 per cent on Thursday and is heading for a 3 per cent gain for the week after rising in the previous two weeks.<\/p>\n<p>West Texas Intermediate (WTI) oil was up 92 cents, or 3.3 per cent, at $28.48 a barrel after reaching $28.54, the highest since early April. WTI jumped 9 per cent in the previous session and is also heading for a third weekly increase, up about 15 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped more than 3 per cent on Friday, touching more than one-month highs amid signs that demand for crude was picking up with China reporting increased refinery runs, and rounding out a week of bullish news on the supply front. Brent crude was up $1.21 cents, or 3.9 per cent at $32.34 a barrel by 0707 GMT, after touching $32.44 the highest since April 14. Brent rose nearly 7 per cent on Thursday and is heading for a 3 per cent gain for the week after rising in the previous two weeks. West Texas Intermediate (WTI) oil was [&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-351523","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351523","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=351523"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351523\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}