{"id":389067,"date":"2020-12-11T09:17:25","date_gmt":"2020-12-11T03:47:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389067"},"modified":"2020-12-11T11:43:30","modified_gmt":"2020-12-11T06:13:30","slug":"oil-price-rally-builds-steam-as-coronavirus-vaccine-rollouts-begin","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-rally-builds-steam-as-coronavirus-vaccine-rollouts-begin\/","title":{"rendered":"Oil price rally builds steam as coronavirus vaccine rollouts begin"},"content":{"rendered":"<p>Oil rose around 1% on Friday, extending a sharp rally overnight that saw Brent rise above $50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year. <\/p>\n<p>Brent was up 45 cents or 0.9% at $50.70 a barrel by 0121 GMT, after gaining nearly 3% on Thursday. US oil was up 50 cents, or 1%, at $47.28 a barrel, having also risen almost 3% in the previous session.<\/p>\n<p>That leaves prices set for a sixth consecutive week of gains as promising vaccine trials helped quell gloom over record increases in the number of new infections and deaths around the world in the coronavirus pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose around 1% on Friday, extending a sharp rally overnight that saw Brent rise above $50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year. Brent was up 45 cents or 0.9% at $50.70 a barrel by 0121 GMT, after gaining nearly 3% on Thursday. US oil was up 50 cents, or 1%, at $47.28 a barrel, having also risen almost 3% in the previous session. That leaves prices set for a sixth consecutive week of gains as promising vaccine trials helped quell gloom over record [&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-389067","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\/389067","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=389067"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389067\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}