{"id":424681,"date":"2021-07-07T08:57:06","date_gmt":"2021-07-07T03:27:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424681"},"modified":"2021-07-07T09:55:38","modified_gmt":"2021-07-07T04:25:38","slug":"wti-crude-hits-6-year-high-brent-nears-78-as-opec-talks-collapse-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/wti-crude-hits-6-year-high-brent-nears-78-as-opec-talks-collapse-2\/","title":{"rendered":"WTI crude hits 6-year high, Brent nears $78 as OPEC+ talks collapse"},"content":{"rendered":"<p>Oil prices surged to multi-year highs on Tuesday including US crude hitting its highest since 2014 after OPEC+ producers fell out over plans to raise supply in the face of rising global demand.<\/p>\n<p>Brent crude climbed 62 cents, or 0.8 per cent, to $77.78 a barrel by 0748 GMT, a level not seen since October 2018. <\/p>\n<p>US West Texas Intermediate (WTI) crude futures traded up $1.75, or 2.3 per cent, at $76.91, their highest since November 2014.<\/p>\n<p>Talks collapsed on Monday among ministers from OPEC+, which groups producers from the Organization of the Petroleum Exporting Countries (OPEC) with Russia and others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices surged to multi-year highs on Tuesday including US crude hitting its highest since 2014 after OPEC+ producers fell out over plans to raise supply in the face of rising global demand. Brent crude climbed 62 cents, or 0.8 per cent, to $77.78 a barrel by 0748 GMT, a level not seen since October 2018. US West Texas Intermediate (WTI) crude futures traded up $1.75, or 2.3 per cent, at $76.91, their highest since November 2014. Talks collapsed on Monday among ministers from OPEC+, which groups producers from the Organization of the Petroleum Exporting Countries (OPEC) with Russia and [&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-424681","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\/424681","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=424681"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424681\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}