{"id":425362,"date":"2021-07-12T09:08:10","date_gmt":"2021-07-12T03:38:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425362"},"modified":"2021-07-12T10:40:44","modified_gmt":"2021-07-12T05:10:44","slug":"oil-prices-rise-for-the-second-straight-day-as-us-inventories-decline","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-for-the-second-straight-day-as-us-inventories-decline\/","title":{"rendered":"Oil prices rise for the second straight day as US inventories decline"},"content":{"rendered":"<p>Oil prices rose for the second straight day on Friday, as data showed a draw in US inventories, but were heading for a weekly loss amid uncertainty over global supplies after an Opec+ impasse. Brent crude oil futures were trading at $76.10 a barrel, at the time of going to press. US West Texas Intermediate futures were up $1.41, or 1.9 per cent, at $74.35.<\/p>\n<p>Prices on both sides of the Atlantic were on track for around a 1 per cent weekly drop, dragged down by the collapse of output talks between the Organization of the Petroleum Expor\u00adting Countries (Opec) and allies inclu\u00adding Russia, together known as Opec+.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose for the second straight day on Friday, as data showed a draw in US inventories, but were heading for a weekly loss amid uncertainty over global supplies after an Opec+ impasse. Brent crude oil futures were trading at $76.10 a barrel, at the time of going to press. US West Texas Intermediate futures were up $1.41, or 1.9 per cent, at $74.35. Prices on both sides of the Atlantic were on track for around a 1 per cent weekly drop, dragged down by the collapse of output talks between the Organization of the Petroleum Expor\u00adting Countries (Opec) [&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-425362","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\/425362","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=425362"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425362\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}