{"id":414861,"date":"2021-05-13T11:10:53","date_gmt":"2021-05-13T05:40:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=414861"},"modified":"2021-05-13T12:46:28","modified_gmt":"2021-05-13T07:16:28","slug":"oil-climbs-on-demand-outlook-as-market-awaits-fresh-cues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-climbs-on-demand-outlook-as-market-awaits-fresh-cues\/","title":{"rendered":"Oil climbs on demand outlook as market awaits fresh cues"},"content":{"rendered":"<p>Oil prices rose on Wednesday on signs of a speedy economic recovery and upbeat predictions for energy demand in light of progress with vaccinations against Covid-19, though waves of infections in India and Brazil weighed on gains. <\/p>\n<p>Brent crude climbed 18 cents, or 0.3% to $68.73 a barrel at 0846 GMT. US West Texas Intermediate crude rose 20 cents, or 0.3%, to $65.48.<\/p>\n<p>The International Energy Agency (IEA) said in its monthly report that demand for oil will exceed the output of the top producers.<\/p>\n<p>&#8220;The anticipated supply growth through the rest of this year comes nowhere close to matching our forecast for significantly stronger demand beyond the second quarter,&#8221; the IEA said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Wednesday on signs of a speedy economic recovery and upbeat predictions for energy demand in light of progress with vaccinations against Covid-19, though waves of infections in India and Brazil weighed on gains. Brent crude climbed 18 cents, or 0.3% to $68.73 a barrel at 0846 GMT. US West Texas Intermediate crude rose 20 cents, or 0.3%, to $65.48. The International Energy Agency (IEA) said in its monthly report that demand for oil will exceed the output of the top producers. &#8220;The anticipated supply growth through the rest of this year comes nowhere close to matching [&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":[141,130,183],"tags":[],"class_list":["post-414861","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/414861","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=414861"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/414861\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=414861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=414861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=414861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}