{"id":452742,"date":"2021-11-30T08:48:57","date_gmt":"2021-11-30T03:18:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452742"},"modified":"2021-11-30T09:39:45","modified_gmt":"2021-11-30T04:09:45","slug":"oil-rebounds-to-76-on-speculation-omicron-related-drop-overdone","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-to-76-on-speculation-omicron-related-drop-overdone\/","title":{"rendered":"Oil rebounds to $76 on speculation Omicron-related drop overdone"},"content":{"rendered":"<p>Oil rebounded by almost 5% on Monday to $76 a barrel as some investors viewed Friday&#8217;s slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone.<\/p>\n<p>While the World Health Organisation has warned that understanding the variant&#8217;s severity could take time running into weeks, a South African doctor who has treated cases said symptoms of the variant were so far mild. <\/p>\n<p>Brent crude was $3.41, or 4.7%, higher at $76.13 by 0920 GMT, after sliding $9.50 on Friday. U.S. West Texas Intermediate (WTI) crude was up $3.07, or 4.5%, at $71.22, having tumbled $10.24 in the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rebounded by almost 5% on Monday to $76 a barrel as some investors viewed Friday&#8217;s slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone. While the World Health Organisation has warned that understanding the variant&#8217;s severity could take time running into weeks, a South African doctor who has treated cases said symptoms of the variant were so far mild. Brent crude was $3.41, or 4.7%, higher at $76.13 by 0920 GMT, after sliding $9.50 on Friday. U.S. West Texas Intermediate (WTI) crude was up $3.07, or 4.5%, at $71.22, having tumbled $10.24 in [&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-452742","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\/452742","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=452742"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452742\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}