{"id":435774,"date":"2021-09-14T08:51:33","date_gmt":"2021-09-14T03:21:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435774"},"modified":"2021-09-14T10:07:04","modified_gmt":"2021-09-14T04:37:04","slug":"oil-prices-rise-to-one-week-high-as-us-supply-concerns-dominate","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-to-one-week-high-as-us-supply-concerns-dominate\/","title":{"rendered":"Oil prices rise to one-week high as US supply concerns dominate"},"content":{"rendered":"<p>Oil rose on Monday, supported by concerns over shut output in the United States, the world&#8217;s biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in coming months.<\/p>\n<p>Brent crude rose 62 cents, or 0.9%, to $73.54 a barrel at 0858 GMT, and U.S. West Texas Intermediate (WTI) crude was up 64 cents, or 0.9%, at $70.36. <\/p>\n<p>Brent has been rangebound between $70 and $74 per barrel in the last three weeks.<\/p>\n<p>&#8220;Oil prices may not have much room to rise in the near term, but at the same time are not expected to crash soon,&#8221; said Stephen Brennock of broker PVM.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose on Monday, supported by concerns over shut output in the United States, the world&#8217;s biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in coming months. Brent crude rose 62 cents, or 0.9%, to $73.54 a barrel at 0858 GMT, and U.S. West Texas Intermediate (WTI) crude was up 64 cents, or 0.9%, at $70.36. Brent has been rangebound between $70 and $74 per barrel in the last three weeks. &#8220;Oil prices may not have much room to rise in the near term, but at the same time are not expected to crash soon,&#8221; [&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-435774","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\/435774","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=435774"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435774\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}