{"id":455652,"date":"2021-12-13T09:15:13","date_gmt":"2021-12-13T03:45:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455652"},"modified":"2021-12-13T10:51:08","modified_gmt":"2021-12-13T05:21:08","slug":"oil-prices-on-track-for-biggest-weekly-gain-since-august","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-on-track-for-biggest-weekly-gain-since-august\/","title":{"rendered":"Oil prices on track for biggest weekly gain since August"},"content":{"rendered":"<p>LONDON (Reuters) -Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant&#8217;s impact on global economic growth and fuel demand. <\/p>\n<p>The Brent and WTI benchmarks were both on course for gains of about 8% this week, their first weekly gain in seven, even after a brief bout of profit-taking. <\/p>\n<p>Brent crude futures were up 99 cents, or 1.3%, at $75.41 a barrel by 1351 GMT after falling 1.9% on Thursday. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures rose $1.08, or 1.5%, to $72.02 after sliding 2% in a volatile session the previous day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant&#8217;s impact on global economic growth and fuel demand. The Brent and WTI benchmarks were both on course for gains of about 8% this week, their first weekly gain in seven, even after a brief bout of profit-taking. Brent crude futures were up 99 cents, or 1.3%, at $75.41 a barrel by 1351 GMT after falling 1.9% on Thursday. U.S. West Texas Intermediate (WTI) crude futures rose $1.08, or 1.5%, to $72.02 after sliding [&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-455652","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\/455652","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=455652"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455652\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}