{"id":398131,"date":"2021-01-30T11:48:55","date_gmt":"2021-01-30T06:18:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398131"},"modified":"2021-01-30T12:05:39","modified_gmt":"2021-01-30T06:35:39","slug":"oil-prices-rangebound-as-supply-cuts-offset-virus-worries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rangebound-as-supply-cuts-offset-virus-worries\/","title":{"rendered":"Oil prices rangebound as supply cuts offset virus worries"},"content":{"rendered":"<p>Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling US oil inventories.<\/p>\n<p>Brent crude futures for March rose 23 cents, or 0.4%, to $55.76 a barrel by 1007 GMT.<\/p>\n<p>The Brent March contract expires on Friday. The more active April contract was up 27 cents, or 0.5%, at $55.37.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures rose 7 cents, or 0.1%, to $52.41.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling US oil inventories. Brent crude futures for March rose 23 cents, or 0.4%, to $55.76 a barrel by 1007 GMT. The Brent March contract expires on Friday. The more active April contract was up 27 cents, or 0.5%, at $55.37. US West Texas Intermediate (WTI) crude futures rose 7 cents, or 0.1%, to $52.41.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-398131","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398131","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=398131"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398131\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}