{"id":458972,"date":"2021-12-29T09:21:43","date_gmt":"2021-12-29T03:51:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=458972"},"modified":"2021-12-29T09:58:17","modified_gmt":"2021-12-29T04:28:17","slug":"oil-prices-extend-gains-as-worries-over-fuel-demand-recede","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-extend-gains-as-worries-over-fuel-demand-recede\/","title":{"rendered":"Oil prices extend gains as worries over fuel demand recede"},"content":{"rendered":"<p>Oil prices extended gains on Tuesday with prices trading near the previous day&#8217;s one-month high on hopes that the Omicron coronavirus variant will have a limited impact on fuel demand.<\/p>\n<p>Brent crude rose 14 cents, or 0.1%, to $78.74 a barrel, by 0437 GMT. U.S. West Texas Intermediate (WTI) crude rose 25 cents, or 0.3%, to $75.81 a barrel, gaining for a fifth straight session. <\/p>\n<p>&#8220;Worries regarding Omicron are easing across the globe, resulting in some optimism over demand &#8230; Prices are expected to trade with positive bias,&#8221; said Abhishek Chauhan, head of commodities at Swastika Investmart Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended gains on Tuesday with prices trading near the previous day&#8217;s one-month high on hopes that the Omicron coronavirus variant will have a limited impact on fuel demand. Brent crude rose 14 cents, or 0.1%, to $78.74 a barrel, by 0437 GMT. U.S. West Texas Intermediate (WTI) crude rose 25 cents, or 0.3%, to $75.81 a barrel, gaining for a fifth straight session. &#8220;Worries regarding Omicron are easing across the globe, resulting in some optimism over demand &#8230; Prices are expected to trade with positive bias,&#8221; said Abhishek Chauhan, head of commodities at Swastika Investmart Ltd.<\/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-458972","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\/458972","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=458972"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458972\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=458972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=458972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=458972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}