{"id":410104,"date":"2021-04-09T11:15:24","date_gmt":"2021-04-09T05:45:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410104"},"modified":"2021-04-09T11:15:24","modified_gmt":"2021-04-09T05:45:24","slug":"crude-oil-edges-up-on-weak-dollar-investors-weigh-rising-supplies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-edges-up-on-weak-dollar-investors-weigh-rising-supplies\/","title":{"rendered":"Crude oil edges up on weak dollar; investors weigh rising supplies"},"content":{"rendered":"<p>SINGAPORE: Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic.<\/p>\n<p>Brent crude futures for June climbed 7 cents, or 0.1%, to $63.27 a barrel by 0106 GMT while U.S. West Texas Intermediate (WTI) crude for May was at $59.77 a barrel, up 17 cents, or 0.3%.<\/p>\n<p>&#8220;A weaker USD and falling US bond yields helped support investors\u2019 appetite in commodity markets,&#8221; ANZ analysts said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. Brent crude futures for June climbed 7 cents, or 0.1%, to $63.27 a barrel by 0106 GMT while U.S. West Texas Intermediate (WTI) crude for May was at $59.77 a barrel, up 17 cents, or 0.3%. &#8220;A weaker USD and falling US bond yields helped support investors\u2019 appetite in commodity markets,&#8221; ANZ analysts said in a note.<\/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":[130,191,136],"tags":[],"class_list":["post-410104","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410104","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=410104"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410104\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}