{"id":440150,"date":"2021-10-05T10:20:12","date_gmt":"2021-10-05T04:50:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440150"},"modified":"2021-10-05T11:35:19","modified_gmt":"2021-10-05T06:05:19","slug":"oil-falls-ahead-of-opec-supply-policy-meeting-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-ahead-of-opec-supply-policy-meeting-2\/","title":{"rendered":"Oil falls ahead of OPEC+ supply policy meeting"},"content":{"rendered":"<p>Oil fell on Monday ahead of a meeting by OPEC and its allies https:\/\/www.reuters.com\/business\/energy\/opec-meets-output-increase-oil-prices-rally-2021-10-03 which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained.<\/p>\n<p>Brent crude was down 14 cents or 0.2% at $79.14 per barrel by 0505 GMT. It rose 1.5% last week, its fourth weekly gain in a row. U.S. oil dropped by 15 cents or 0.2% to $75.73, after gaining for the past six weeks.<\/p>\n<p>Oil prices have risen due to the supply disruptions and a rise in global demand, pushing Brent last week above $80 to a near three-year high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil fell on Monday ahead of a meeting by OPEC and its allies https:\/\/www.reuters.com\/business\/energy\/opec-meets-output-increase-oil-prices-rally-2021-10-03 which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained. Brent crude was down 14 cents or 0.2% at $79.14 per barrel by 0505 GMT. It rose 1.5% last week, its fourth weekly gain in a row. U.S. oil dropped by 15 cents or 0.2% to $75.73, after gaining for the past six weeks. Oil prices have risen due to the supply disruptions and a rise in global demand, pushing Brent last week above [&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":[130],"tags":[],"class_list":["post-440150","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440150","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=440150"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440150\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}