{"id":386943,"date":"2020-11-30T09:05:26","date_gmt":"2020-11-30T03:35:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386943"},"modified":"2020-11-30T09:35:40","modified_gmt":"2020-11-30T04:05:40","slug":"oil-prices-slip-in-cautious-trading-ahead-of-opec-meeting","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-in-cautious-trading-ahead-of-opec-meeting\/","title":{"rendered":"Oil prices slip in cautious trading ahead of OPEC+ meeting"},"content":{"rendered":"<p>Oil prices fell about 1% on Monday amid investor jitters ahead of an OPEC+ meeting to decide whether the producers&#8217; group will extend large output cuts to balance global markets. <\/p>\n<p>January Brent crude futures, which will expire later on Monday, dropped 58 cents, or 1.2%, to $47.60 a barrel by 0008 GMT. The more actively traded February Brent contract was at $47.77 a barrel, down 48 cents. <\/p>\n<p>US West Texas Intermediate crude futures for January fell 40 cents, or 0.9%, to $45.13 a barrel. <\/p>\n<p>Both benchmarks are still set to rise more than 20% in November, the strongest monthly gains since May, boosted by hopes that three promising coronavirus vaccines that may curb the rapid spread of the disease and in doing so support fuel demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell about 1% on Monday amid investor jitters ahead of an OPEC+ meeting to decide whether the producers&#8217; group will extend large output cuts to balance global markets. January Brent crude futures, which will expire later on Monday, dropped 58 cents, or 1.2%, to $47.60 a barrel by 0008 GMT. The more actively traded February Brent contract was at $47.77 a barrel, down 48 cents. US West Texas Intermediate crude futures for January fell 40 cents, or 0.9%, to $45.13 a barrel. Both benchmarks are still set to rise more than 20% in November, the strongest monthly gains [&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":[146,130,177],"tags":[],"class_list":["post-386943","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386943","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=386943"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386943\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}