{"id":455658,"date":"2021-12-13T09:17:43","date_gmt":"2021-12-13T03:47:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455658"},"modified":"2021-12-13T10:53:54","modified_gmt":"2021-12-13T05:23:54","slug":"oil-rises-on-optimism-omicron-impact-will-be-limited-on-fuel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-optimism-omicron-impact-will-be-limited-on-fuel-demand\/","title":{"rendered":"Oil rises on optimism Omicron impact will be limited on fuel demand"},"content":{"rendered":"<p>Oil prices rose on Monday, extending gains from last Friday, helped by growing optimism that the Omicron coronavirus variant&#8217;s impact will be limited on global economic growth and fuel demand.<\/p>\n<p>Brent futures climbed 53 cents, or 0.7%, to $75.68 a barrel by 0100 GMT, after rising 1% on Friday. <\/p>\n<p>U.S. West Texas Intermediate (WTI) gained 69 cents, or 1.0%, to $72.36 a barrel, following a 1% increase in the previous session.<\/p>\n<p>Both benchmarks posted gains of about 8% last week, their first weekly gain in seven. They have recovered more than half the losses suffered since the Omicron outbreak on Nov. 25.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Monday, extending gains from last Friday, helped by growing optimism that the Omicron coronavirus variant&#8217;s impact will be limited on global economic growth and fuel demand. Brent futures climbed 53 cents, or 0.7%, to $75.68 a barrel by 0100 GMT, after rising 1% on Friday. U.S. West Texas Intermediate (WTI) gained 69 cents, or 1.0%, to $72.36 a barrel, following a 1% increase in the previous session. Both benchmarks posted gains of about 8% last week, their first weekly gain in seven. They have recovered more than half the losses suffered since the Omicron outbreak on [&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-455658","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\/455658","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=455658"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455658\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}