{"id":462944,"date":"2022-01-20T11:37:22","date_gmt":"2022-01-20T06:07:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=462944"},"modified":"2022-01-20T13:19:12","modified_gmt":"2022-01-20T07:49:12","slug":"oil-prices-ease-from-2014-high-supply-concerns-limit-losses-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-ease-from-2014-high-supply-concerns-limit-losses-2\/","title":{"rendered":"Oil prices ease from 2014 high, supply concerns limit losses"},"content":{"rendered":"<p>Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions, underlying factors that limited losses as investors took profits. <\/p>\n<p>Brent crude futures dropped 72 cents, or 0.81 per cent, to $87.72 a barrel, as of 7.22 am. The global benchmark touched $89.13 a barrel in the last session, its highest since October 2014.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures gave up 96 cents, or 1.1 per cent, to stand at $86 a barrel. <\/p>\n<p>&#8220;The International Energy Agency said global oil demand is on track to hit pre-pandemic levels,&#8221; analysts at ANZ bank said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions, underlying factors that limited losses as investors took profits. Brent crude futures dropped 72 cents, or 0.81 per cent, to $87.72 a barrel, as of 7.22 am. The global benchmark touched $89.13 a barrel in the last session, its highest since October 2014. US West Texas Intermediate (WTI) crude futures gave up 96 cents, or 1.1 per cent, to stand at $86 a barrel. &#8220;The International Energy Agency said global oil demand is [&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":[146,130,177],"tags":[],"class_list":["post-462944","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462944","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=462944"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462944\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=462944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=462944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=462944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}