{"id":390123,"date":"2020-12-18T09:11:50","date_gmt":"2020-12-18T03:41:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=390123"},"modified":"2020-12-18T11:57:24","modified_gmt":"2020-12-18T06:27:24","slug":"oil-prices-hit-nine-month-high-after-us-crude-stock-draw","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hit-nine-month-high-after-us-crude-stock-draw\/","title":{"rendered":"Oil prices hit nine-month high after US crude stock draw"},"content":{"rendered":"<p>Oil prices hit a nine-month high early on Thursday after US government data showed that crude stockpiles fell last week and on optimism over a coronavirus relief package in the United States. <\/p>\n<p>Brent crude futures rose by 28 cents, or 0.6 per cent, to $51.36 a barrel at 0116 GMT, while US West Texas Intermediate (WTI) crude futures rose by 27 cents, or 0.6 per cent, to $48.09 a barrel. Both benchmarks hit their highest since early March.<\/p>\n<p>US crude inventories fell by 3.1 million barrels in the week to Dec. 11, the Energy Information Administration said. This was more than analysts&#8217; expectations of a 1.9-million-barrel drop, after stockpiles surged in last week&#8217;s data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices hit a nine-month high early on Thursday after US government data showed that crude stockpiles fell last week and on optimism over a coronavirus relief package in the United States. Brent crude futures rose by 28 cents, or 0.6 per cent, to $51.36 a barrel at 0116 GMT, while US West Texas Intermediate (WTI) crude futures rose by 27 cents, or 0.6 per cent, to $48.09 a barrel. Both benchmarks hit their highest since early March. US crude inventories fell by 3.1 million barrels in the week to Dec. 11, the Energy Information Administration said. This was more [&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-390123","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\/390123","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=390123"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/390123\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=390123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=390123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=390123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}