{"id":451758,"date":"2021-11-25T08:42:12","date_gmt":"2021-11-25T03:12:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451758"},"modified":"2021-11-25T10:32:21","modified_gmt":"2021-11-25T05:02:21","slug":"oil-rises-as-investors-sceptical-about-effectiveness-of-reserve-release","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-as-investors-sceptical-about-effectiveness-of-reserve-release\/","title":{"rendered":"Oil rises as investors sceptical about effectiveness of reserve release"},"content":{"rendered":"<p>Oil prices edged higher on Wednesday, extending gains from the previous day, as investors remained sceptical about the effectiveness of a U.S.-led release of oil from strategic reserves and turned their focus to the next step by oil producers.<\/p>\n<p>Brent crude futures rose 13 cents, or 0.2%, to $82.44 a barrel by 0742 GMT, having risen 3.3% on Tuesday. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures increased 20 cents, or 0.3%, to $78.70 a barrel, following a 2.3% gain in the previous day.<\/p>\n<p>&#8220;Investors were disappointed by the small size of the joint oil release by the United States and other countries,&#8221; said<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged higher on Wednesday, extending gains from the previous day, as investors remained sceptical about the effectiveness of a U.S.-led release of oil from strategic reserves and turned their focus to the next step by oil producers. Brent crude futures rose 13 cents, or 0.2%, to $82.44 a barrel by 0742 GMT, having risen 3.3% on Tuesday. U.S. West Texas Intermediate (WTI) crude futures increased 20 cents, or 0.3%, to $78.70 a barrel, following a 2.3% gain in the previous day. &#8220;Investors were disappointed by the small size of the joint oil release by the United States and [&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-451758","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\/451758","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=451758"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451758\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}