{"id":351580,"date":"2020-05-16T11:17:25","date_gmt":"2020-05-16T05:47:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351580"},"modified":"2020-05-16T11:17:25","modified_gmt":"2020-05-16T05:47:25","slug":"crude-oil-prices-back-at-early-april-highs-as-demand-shows-signs-of-picking-up","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-back-at-early-april-highs-as-demand-shows-signs-of-picking-up\/","title":{"rendered":"Crude oil prices back at early April highs as demand shows signs of picking up"},"content":{"rendered":"<p>LONDON: Oil prices touched a one and a half month high on Friday amid signs 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>West Texas Intermediate (WTI) oil was up 65 cents, or 2.36 per cent, at $28.21 a barrel at 0938 GMT, after reaching $28.75, its highest level since early April. WTI jumped 9 per cent in the previous session.<\/p>\n<p>Brent crude was up 81 cents, or 2.6 per cent at $31.94 a barrel, after touching $32.50 the highest level since April 13. Brent rose nearly 7 per cent on Thursday.<\/p>\n<p>Both contracts are on track for a third consecutive week of gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices touched a one and a half month high on Friday amid signs demand for crude 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 65 cents, or 2.36 per cent, at $28.21 a barrel at 0938 GMT, after reaching $28.75, its highest level since early April. WTI jumped 9 per cent in the previous session. Brent crude was up 81 cents, or 2.6 per cent at $31.94 a barrel, after touching $32.50 the highest level since April 13. [&hellip;]<\/p>\n","protected":false},"author":39,"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-351580","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\/351580","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=351580"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351580\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}