{"id":448810,"date":"2021-11-10T09:04:20","date_gmt":"2021-11-10T03:34:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=448810"},"modified":"2021-11-10T09:40:01","modified_gmt":"2021-11-10T04:10:01","slug":"oil-approaches-84-as-lifting-of-us-travel-ban-boosts-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-approaches-84-as-lifting-of-us-travel-ban-boosts-demand\/","title":{"rendered":"Oil approaches $84 as lifting of US travel ban boosts demand"},"content":{"rendered":"<p>LONDON (Reuters) -Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the U.S. lifting of travel restrictions and more signs of a global post-pandemic recovery lifted the demand outlook, while supply remained tight.<\/p>\n<p>On Monday, travellers took off for the United States again, while the passing of U.S. President Joe Biden&#8217;s infrastructure bill and better-than-expected Chinese exports helped paint a picture of a recovering global economy.<\/p>\n<p>Brent crude rose 50 cents, or 0.6%, to $83.93 a barrel by 0920 GMT, after gaining 0.8% on Monday. U.S. oil advanced 41 cents, or 0.5%, to $82.34, also after a 0.8% rise the previous day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the U.S. lifting of travel restrictions and more signs of a global post-pandemic recovery lifted the demand outlook, while supply remained tight. On Monday, travellers took off for the United States again, while the passing of U.S. President Joe Biden&#8217;s infrastructure bill and better-than-expected Chinese exports helped paint a picture of a recovering global economy. Brent crude rose 50 cents, or 0.6%, to $83.93 a barrel by 0920 GMT, after gaining 0.8% on Monday. U.S. oil advanced 41 cents, or 0.5%, to $82.34, also [&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-448810","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\/448810","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=448810"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448810\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=448810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=448810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=448810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}