{"id":399703,"date":"2021-02-09T12:29:55","date_gmt":"2021-02-09T06:59:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=399703"},"modified":"2021-02-09T12:29:55","modified_gmt":"2021-02-09T06:59:55","slug":"brent-hits-60-as-supply-cuts-and-us-stimulus-hopes-boost-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-hits-60-as-supply-cuts-and-us-stimulus-hopes-boost-prices\/","title":{"rendered":"Brent hits $60 as supply cuts and US stimulus hopes boost prices"},"content":{"rendered":"<p>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.<br \/>\nBrent 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.<br \/>\n&#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&#8217;s vice president for oil markets Paola Rodriguez Masiu. &#8220;It offers a feeling of normality again.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s vice president for oil markets Paola Rodriguez Masiu. &#8220;It [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-399703","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399703","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=399703"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/399703\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=399703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=399703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=399703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}