{"id":407153,"date":"2021-03-26T09:20:43","date_gmt":"2021-03-26T03:50:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407153"},"modified":"2021-03-26T10:00:40","modified_gmt":"2021-03-26T04:30:40","slug":"oil-prices-rebound-on-fears-suez-canal-blockage-may-last-weeks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rebound-on-fears-suez-canal-blockage-may-last-weeks\/","title":{"rendered":"Oil prices rebound on fears Suez Canal blockage may last weeks"},"content":{"rendered":"<p>Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply. <\/p>\n<p>Prices, however, were still headed for a third consecutive weekly loss. <\/p>\n<p>Brent crude was higher by 43 cents, or 0.7%, at $62.38 a barrel by 0028 GMT, after dropping 3.8% on Thursday. <\/p>\n<p>US West Texas Intermediate (WTI) crude was down 49 cents, or 0.8%, at $59.05 a barrel, having tumbled 4.3% a day earlier. <\/p>\n<p>Both benchmarks were on track for a weekly loss of more than 3%, following a more than 6% decline last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply. Prices, however, were still headed for a third consecutive weekly loss. Brent crude was higher by 43 cents, or 0.7%, at $62.38 a barrel by 0028 GMT, after dropping 3.8% on Thursday. US West Texas Intermediate (WTI) crude was down 49 cents, or 0.8%, at $59.05 a barrel, having tumbled 4.3% a day earlier. Both benchmarks were on track for a weekly loss of [&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-407153","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\/407153","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=407153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}