{"id":412829,"date":"2021-04-30T09:08:07","date_gmt":"2021-04-30T03:38:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412829"},"modified":"2021-04-30T09:53:09","modified_gmt":"2021-04-30T04:23:09","slug":"oil-prices-extend-gains-as-bullish-demand-outlook-outweighs-india-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-extend-gains-as-bullish-demand-outlook-outweighs-india-concerns\/","title":{"rendered":"Oil prices extend gains as bullish demand outlook outweighs India concerns"},"content":{"rendered":"<p>Oil prices extended gains on Thursday after rising 1 per cent the previous session, as bullish forecasts on recovering demand this summer outweighed concerns about the impact of rising Covid-19 cases in India, Japan and Brazil. <\/p>\n<p>Brent crude for June rose 22 cents, or 0.3 per cent, to $67.49 a barrel by 9.35 am while US West Texas Intermediate crude for June was at $64.04 a barrel, up 18 cents, or 0.3 per cent.<\/p>\n<p>Oil cartel OPEC, together with Russia and their allies, a group known as OPEC+, stuck to their plans for a gradual easing of oil production restrictions from May to July, after OPEC raised slightly its demand growth for 2021 to 6 million barrels per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended gains on Thursday after rising 1 per cent the previous session, as bullish forecasts on recovering demand this summer outweighed concerns about the impact of rising Covid-19 cases in India, Japan and Brazil. Brent crude for June rose 22 cents, or 0.3 per cent, to $67.49 a barrel by 9.35 am while US West Texas Intermediate crude for June was at $64.04 a barrel, up 18 cents, or 0.3 per cent. Oil cartel OPEC, together with Russia and their allies, a group known as OPEC+, stuck to their plans for a gradual easing of oil production restrictions [&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-412829","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\/412829","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=412829"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412829\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}