{"id":441690,"date":"2021-10-12T09:07:31","date_gmt":"2021-10-12T03:37:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=441690"},"modified":"2021-10-12T09:59:31","modified_gmt":"2021-10-12T04:29:31","slug":"brent-crude-trades-near-85-mark-experts-expect-further-rise","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-crude-trades-near-85-mark-experts-expect-further-rise\/","title":{"rendered":"Brent crude trades near $85-mark; experts expect further rise"},"content":{"rendered":"<p>Oil prices rose nearly $2 on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $1.54, or 1.87 per cent, at $83.93 a barrel by 9.36 pm IST, its highest since October 2018. US West Texas Intermediate crude rose $1.80, or 2.27 per cent, to $81.15. <\/p>\n<p>\u201cOil prices are likely to continue climbing in the short term,\u201d said Commerzbank analyst Carsten Fritsch. <\/p>\n<p>Prices have risen as more vaccinated populations are brought out of coronavirus lockdowns, supporting a revival in economic activity, with Brent advancing for five weeks and U.S. crude for seven.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose nearly $2 on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $1.54, or 1.87 per cent, at $83.93 a barrel by 9.36 pm IST, its highest since October 2018. US West Texas Intermediate crude rose $1.80, or 2.27 per cent, to $81.15. \u201cOil prices are likely to continue climbing in the short term,\u201d said Commerzbank analyst Carsten Fritsch. Prices have risen as more vaccinated populations are brought out of coronavirus lockdowns, supporting a revival in economic activity, with Brent [&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-441690","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\/441690","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=441690"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/441690\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=441690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=441690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=441690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}