{"id":465214,"date":"2022-02-01T08:46:29","date_gmt":"2022-02-01T03:16:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=465214"},"modified":"2022-02-01T09:09:48","modified_gmt":"2022-02-01T03:39:48","slug":"oil-rises-on-geopolitical-risks-supply-shortage","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-geopolitical-risks-supply-shortage\/","title":{"rendered":"Oil rises on geopolitical risks, supply shortage"},"content":{"rendered":"<p>Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year.<\/p>\n<p>Brent crude had risen 87 cents, or 1%, to $90.90 a barrel by 1228 GMT. The front-month contract for March delivery expires later in the day. The most-active Brent contract, for April delivery, was trading at $89.03, up 51 cents, or 0.6%. <\/p>\n<p>U.S. West Texas Intermediate crude rose 47 cents, or 0.5%, to $87.29 a barrel.<\/p>\n<p>The benchmarks recorded their highest levels since October 2014 on Friday, $91.70 and $88.84, respectively, and their sixth straight weekly gain. They were headed for about 17% gains this month, the most since February 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year. Brent crude had risen 87 cents, or 1%, to $90.90 a barrel by 1228 GMT. The front-month contract for March delivery expires later in the day. The most-active Brent contract, for April delivery, was trading at $89.03, up 51 cents, or 0.6%. U.S. West Texas Intermediate crude rose 47 cents, or 0.5%, to $87.29 a barrel. The benchmarks recorded their highest levels since October 2014 on Friday, $91.70 and [&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-465214","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\/465214","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=465214"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465214\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=465214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=465214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=465214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}