{"id":452751,"date":"2021-11-30T08:54:16","date_gmt":"2021-11-30T03:24:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452751"},"modified":"2021-11-30T09:42:56","modified_gmt":"2021-11-30T04:12:56","slug":"oil-pares-gains-but-ends-higher-after-friday-slump-amid-new-variant-fear","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-pares-gains-but-ends-higher-after-friday-slump-amid-new-variant-fear\/","title":{"rendered":"Oil pares gains, but ends higher after Friday slump amid new variant fear"},"content":{"rendered":"<p>Oil pared gains late on Monday, but finished the session higher as investors viewed Friday&#8217;s slump in oil and financial markets as overdone absent more data on the Omicron coronavirus variant.<\/p>\n<p>Brent briefly surged above $77 a barrel, while U.S. crude touched highs above $72. However, both contracts gave up gains late in the session. <\/p>\n<p>Brent crude futures settled at $73.44 a barrel, up 72 cents or 1%, having slid by $9.50 on Friday. U.S. West Texas Intermediate (WTI) crude settled up $1.80, or 2.6% at $69.95 a barrel. The contract tumbled $10.24 in the previous session.<\/p>\n<p>In post-settlement trade, Brent briefly turned into negative territory on thin volumes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil pared gains late on Monday, but finished the session higher as investors viewed Friday&#8217;s slump in oil and financial markets as overdone absent more data on the Omicron coronavirus variant. Brent briefly surged above $77 a barrel, while U.S. crude touched highs above $72. However, both contracts gave up gains late in the session. Brent crude futures settled at $73.44 a barrel, up 72 cents or 1%, having slid by $9.50 on Friday. U.S. West Texas Intermediate (WTI) crude settled up $1.80, or 2.6% at $69.95 a barrel. The contract tumbled $10.24 in the previous session. In post-settlement trade, [&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-452751","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\/452751","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=452751"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452751\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}