{"id":416411,"date":"2021-05-22T10:51:26","date_gmt":"2021-05-22T05:21:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416411"},"modified":"2021-05-22T10:51:26","modified_gmt":"2021-05-22T05:21:26","slug":"oil-jumps-but-set-for-weekly-loss-on-iran-nuclear-talks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-jumps-but-set-for-weekly-loss-on-iran-nuclear-talks\/","title":{"rendered":"Oil jumps but set for weekly loss on Iran nuclear talks"},"content":{"rendered":"<p>LONDON: Oil prices rose sharply 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 $1.25, or 1.9%, to $66.36 a barrel by 1351 GMT, while U.S. West Texas Intermediate was at $63.39 a barrel, up $1.45, or 2.3%.<\/p>\n<p>The two contracts are on track to fall about 3% 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: Oil prices rose sharply 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 $1.25, or 1.9%, to $66.36 a barrel by 1351 GMT, while U.S. West Texas Intermediate was at $63.39 a barrel, up $1.45, or 2.3%. The two contracts are on track to fall about 3% on the week &#8211; their biggest loss since March &#8211; after Iran&#8217;s president said the United States was ready to [&hellip;]<\/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-416411","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\/416411","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=416411"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416411\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}