{"id":369066,"date":"2020-08-21T11:10:17","date_gmt":"2020-08-21T05:40:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369066"},"modified":"2020-08-21T11:10:17","modified_gmt":"2020-08-21T05:40:17","slug":"oil-climbs-for-third-straight-week-buoyed-by-producers-holding-back-output","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-climbs-for-third-straight-week-buoyed-by-producers-holding-back-output\/","title":{"rendered":"Oil climbs for third straight week, buoyed by producers holding back output"},"content":{"rendered":"<p>Oil prices rose in early trade on Friday, on track for a third straight week of gains, buoyed by major oil producers&#8217; efforts to hold back output amid concerns about the economic recovery from the coronavirus pandemic.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures inched up 8 cents, or 0.2%, to $42.90 at 0158 GMT, on course for a 2% rise for the week.<\/p>\n<p>Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose in early trade on Friday, on track for a third straight week of gains, buoyed by major oil producers&#8217; efforts to hold back output amid concerns about the economic recovery from the coronavirus pandemic. U.S. West Texas Intermediate (WTI) crude futures inched up 8 cents, or 0.2%, to $42.90 at 0158 GMT, on course for a 2% rise for the week. Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%.<\/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-369066","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\/369066","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=369066"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369066\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}