{"id":351556,"date":"2020-05-16T10:58:10","date_gmt":"2020-05-16T05:28:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351556"},"modified":"2020-05-16T10:58:10","modified_gmt":"2020-05-16T05:28:10","slug":"oil-prices-jump-as-demand-shows-signs-of-picking-up","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-jump-as-demand-shows-signs-of-picking-up\/","title":{"rendered":"Oil prices jump as demand shows signs of picking up"},"content":{"rendered":"<p>NEW YORK : Oil prices rose on Friday, with U.S. crude jumping more than 7% to its highest since March on signs that demand was picking up, with China reporting increased refinery runs and rounding out a week of bullish news on the supply front.<\/p>\n<p>West Texas Intermediate (WTI) oil was up $2.02, or 7.4%, at $29.58 a barrel at 2:19 p.m. EST (18:19 GMT), after hitting a session peak of $29.92, its highest since mid-March. WTI soared 9% in the previous session.<\/p>\n<p>Brent crude was up $1.45, or 4.6% at $32.58 a barrel. Brent rose nearly 7% on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK : Oil prices rose on Friday, with U.S. crude jumping more than 7% to its highest since March on signs that demand was picking up, with China reporting increased refinery runs and rounding out a week of bullish news on the supply front. West Texas Intermediate (WTI) oil was up $2.02, or 7.4%, at $29.58 a barrel at 2:19 p.m. EST (18:19 GMT), after hitting a session peak of $29.92, its highest since mid-March. WTI soared 9% in the previous session. Brent crude was up $1.45, or 4.6% at $32.58 a barrel. Brent rose nearly 7% on Thursday.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-351556","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351556","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351556"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351556\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}