{"id":371225,"date":"2020-09-02T10:25:52","date_gmt":"2020-09-02T04:55:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=371225"},"modified":"2020-09-02T10:29:07","modified_gmt":"2020-09-02T04:59:07","slug":"oil-rises-after-us-inventories-draw-optimism-of-economic-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-after-us-inventories-draw-optimism-of-economic-recovery\/","title":{"rendered":"Oil rises after US inventories draw, optimism of economic recovery"},"content":{"rendered":"<p>TOKYO (Reuters) &#8211; Crude oil futures rose on Wednesday after a more-than-expected draw in U.S. crude stockpiles and as solid U.S. factory data raised optimism of a post-pandemic economic recovery, boosting risk appetite among investors. <\/p>\n<p>Brent crude futures were up 33 cents at $45.91 a barrel as of 0034 GMT, extending gains into a third day. <\/p>\n<p>U.S. West Texas Intermediate futures rose 33 cents to $43.09, following the previous day&#8217;s gain by 15 cents. <\/p>\n<p>U.S. crude inventories fell by 6.4 million barrels in the week to Aug. 28 to about 501.2 million barrels, the American Petroleum Institute (API) said, compared with analysts&#8217; expectations for a draw of 1.9 million barrels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO (Reuters) &#8211; Crude oil futures rose on Wednesday after a more-than-expected draw in U.S. crude stockpiles and as solid U.S. factory data raised optimism of a post-pandemic economic recovery, boosting risk appetite among investors. Brent crude futures were up 33 cents at $45.91 a barrel as of 0034 GMT, extending gains into a third day. U.S. West Texas Intermediate futures rose 33 cents to $43.09, following the previous day&#8217;s gain by 15 cents. U.S. crude inventories fell by 6.4 million barrels in the week to Aug. 28 to about 501.2 million barrels, the American Petroleum Institute (API) said, compared [&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":[135,130,169],"tags":[],"class_list":["post-371225","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371225","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=371225"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371225\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}