{"id":461861,"date":"2022-01-15T09:29:10","date_gmt":"2022-01-15T03:59:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=461861"},"modified":"2022-01-15T10:27:36","modified_gmt":"2022-01-15T04:57:36","slug":"oil-headed-for-a-4th-straight-weekly-gain-longest-streak-since-october","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-headed-for-a-4th-straight-weekly-gain-longest-streak-since-october\/","title":{"rendered":"Oil headed for a 4th straight weekly gain, longest streak since October"},"content":{"rendered":"<p>Oil futures rose on Friday on course for a fourth wee\u00adkly gain boosted by supply constraints and a weaker dollar and despite sources saying China is set to relea\u00adse crude reserves around the Lunar New Year.<\/p>\n<p>Brent crude futures ro\u00adse $1.16, or 1.4 per cent, to a two-and-a-half month high of $85.63 a barrel at 1125 GMT. US West Texas Inter\u00admediate crude gained $1.06, or 1.3 per cent, to $83.18.<\/p>\n<p>Crude prices turned positive as the dollar hea\u00added towards what could be its largest weekly fall in more than a year. A weaker dollar makes commodities more affordable for holde\u00adrs of other currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures rose on Friday on course for a fourth wee\u00adkly gain boosted by supply constraints and a weaker dollar and despite sources saying China is set to relea\u00adse crude reserves around the Lunar New Year. Brent crude futures ro\u00adse $1.16, or 1.4 per cent, to a two-and-a-half month high of $85.63 a barrel at 1125 GMT. US West Texas Inter\u00admediate crude gained $1.06, or 1.3 per cent, to $83.18. Crude prices turned positive as the dollar hea\u00added towards what could be its largest weekly fall in more than a year. A weaker dollar makes commodities more affordable for holde\u00adrs [&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-461861","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\/461861","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=461861"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/461861\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=461861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=461861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=461861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}