{"id":399609,"date":"2021-02-09T10:40:15","date_gmt":"2021-02-09T05:10:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=399609"},"modified":"2021-02-09T10:40:15","modified_gmt":"2021-02-09T05:10:15","slug":"brent-hits-60-as-supply-cuts-and-stimulus-hopes-boost-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-hits-60-as-supply-cuts-and-stimulus-hopes-boost-prices\/","title":{"rendered":"Brent hits $60 as supply cuts and stimulus hopes boost prices"},"content":{"rendered":"<p>LONDON : Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures that can boost demand.<\/p>\n<p>Brent was up 68 cents, or 1.2%, at $60.02 a barrel by 1442 GMT, while US West Texas Intermediate rose 68 cents, or 1.2%, to $57.53 a barrel.<\/p>\n<p>&#8220;Managing to breach $60 again feels like the market is finally resurfacing after the long struggle and (taking) a proper breath,&#8221; said Rystad Energy\u2019s vice president for oil markets Paola Rodriguez Masiu. &#8220;It offers a feeling of normality again.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON : Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures that can boost demand. Brent was up 68 cents, or 1.2%, at $60.02 a barrel by 1442 GMT, while US West Texas Intermediate rose 68 cents, or 1.2%, to $57.53 a barrel. &#8220;Managing to breach $60 again feels like the market is finally resurfacing after the long struggle and (taking) a proper breath,&#8221; said Rystad Energy\u2019s vice president for oil markets Paola Rodriguez [&hellip;]<\/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":[139,130,187],"tags":[],"class_list":["post-399609","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399609","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=399609"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399609\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=399609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=399609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=399609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}