{"id":455653,"date":"2021-12-13T09:16:36","date_gmt":"2021-12-13T03:46:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455653"},"modified":"2021-12-13T10:51:56","modified_gmt":"2021-12-13T05:21:56","slug":"oil-prices-post-biggest-weekly-gain-since-august-as-omicron-concerns-ease","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-post-biggest-weekly-gain-since-august-as-omicron-concerns-ease\/","title":{"rendered":"Oil prices post biggest weekly gain since August as Omicron concerns ease"},"content":{"rendered":"<p>Oil prices rose slightly on Friday and posted 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 U.S. West Texas Intermediate (WTI) crude benchmarks each posted gains of about 8% this week, their first weekly gain in seven, even after a brief bout of profit-taking. <\/p>\n<p>Brent futures settled up 73 cents, or 1%, at $75.15 a barrel, after falling 1.9% on Thursday. <\/p>\n<p>WTI rose 73 cents, or 1%, to $71.67 after sliding 2% in a volatile session the previous day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose slightly on Friday and posted 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 U.S. West Texas Intermediate (WTI) crude benchmarks each posted gains of about 8% this week, their first weekly gain in seven, even after a brief bout of profit-taking. Brent futures settled up 73 cents, or 1%, at $75.15 a barrel, after falling 1.9% on Thursday. WTI rose 73 cents, or 1%, to $71.67 after sliding 2% in a volatile session the previous [&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-455653","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\/455653","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=455653"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455653\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}