{"id":407696,"date":"2021-03-30T08:58:11","date_gmt":"2021-03-30T03:28:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407696"},"modified":"2021-03-30T09:34:59","modified_gmt":"2021-03-30T04:04:59","slug":"oil-rises-on-hopes-of-stable-opec-output-fears-of-long-disruption-at-suez","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-hopes-of-stable-opec-output-fears-of-long-disruption-at-suez\/","title":{"rendered":"Oil rises on hopes of stable OPEC+ output, fears of long disruption at Suez"},"content":{"rendered":"<p>Oil rose on Monday on expectations that the OPEC+ group of leading producers will keep output unchanged in May, and worries that operations in the Suez Canal might take weeks to return to normal even though a ship blocking it has been partly refloated.<\/p>\n<p>Brent oil rose 58 cents, or 0.9%, to $65.15 a barrel by 1048 GMT. U.S. crude was up 40 cents, or 0.7%, at $61.37 a barrel. <\/p>\n<p>Both contracts had fallen more than $1 earlier in the session.<\/p>\n<p>The huge container ship blocking Egypt&#8217;s Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said, raising hopes the busy waterway will soon be reopened for a big backlog of ships.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose on Monday on expectations that the OPEC+ group of leading producers will keep output unchanged in May, and worries that operations in the Suez Canal might take weeks to return to normal even though a ship blocking it has been partly refloated. Brent oil rose 58 cents, or 0.9%, to $65.15 a barrel by 1048 GMT. U.S. crude was up 40 cents, or 0.7%, at $61.37 a barrel. Both contracts had fallen more than $1 earlier in the session. The huge container ship blocking Egypt&#8217;s Suez Canal for nearly a week has been partially refloated, the Suez Canal [&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":[135,130,169],"tags":[],"class_list":["post-407696","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\/407696","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=407696"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407696\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}