{"id":416352,"date":"2021-05-22T08:55:24","date_gmt":"2021-05-22T03:25:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416352"},"modified":"2021-05-22T09:25:04","modified_gmt":"2021-05-22T03:55:04","slug":"oil-set-for-weekly-loss-on-possible-iran-supply-after-nuclear-talks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-set-for-weekly-loss-on-possible-iran-supply-after-nuclear-talks\/","title":{"rendered":"Oil set for weekly loss on possible Iran supply after nuclear talks"},"content":{"rendered":"<p>LONDON (Reuters) &#8211; Oil prices rose on Friday after three days of losses, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal. <\/p>\n<p>Brent crude futures rose 80 cents, or 1.2%, to $65.91 a barrel by 1017 GMT, while U.S. West Texas Intermediate was at $62.82 a barrel, up 88 cents, or 1.4%. <\/p>\n<p>The two contracts are on track to fall about 4% on the week &#8211; their biggest loss since March &#8211; after Iran&#8217;s president said the United States was ready to lift sanctions on his country&#8217;s oil, banking and shipping sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) &#8211; Oil prices rose on Friday after three days of losses, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal. Brent crude futures rose 80 cents, or 1.2%, to $65.91 a barrel by 1017 GMT, while U.S. West Texas Intermediate was at $62.82 a barrel, up 88 cents, or 1.4%. The two contracts are on track to fall about 4% on the week &#8211; their biggest loss since March &#8211; after Iran&#8217;s president said the United States [&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-416352","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\/416352","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=416352"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416352\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}