{"id":465468,"date":"2022-02-02T09:22:42","date_gmt":"2022-02-02T03:52:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=465468"},"modified":"2022-02-02T09:47:04","modified_gmt":"2022-02-02T04:17:04","slug":"oil-climbs-on-lower-supply-and-post-pandemic-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-climbs-on-lower-supply-and-post-pandemic-recovery\/","title":{"rendered":"Oil climbs on lower supply and post-pandemic recovery"},"content":{"rendered":"<p>Oil prices climbed on Tuesday, hovering near seven-year highs hit last week, on expectations that a limited production increase by major oil producers and a solid post-pandemic recovery in fuel demand will keep a tight supply condition.<\/p>\n<p>Brent crude for April delivery was up 34 cents, or 0.4% at $89.60 a barrel at 0455 GMT.<\/p>\n<p>The front-month contract for March delivery expired on Monday at $91.21 a barrel, up 1.3%.<\/p>\n<p>U.S. West Texas Intermediate crude rose 32 cents, or 0.4%, to $88.47 a barrel, having gained 1.5% in the previous day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices climbed on Tuesday, hovering near seven-year highs hit last week, on expectations that a limited production increase by major oil producers and a solid post-pandemic recovery in fuel demand will keep a tight supply condition. Brent crude for April delivery was up 34 cents, or 0.4% at $89.60 a barrel at 0455 GMT. The front-month contract for March delivery expired on Monday at $91.21 a barrel, up 1.3%. U.S. West Texas Intermediate crude rose 32 cents, or 0.4%, to $88.47 a barrel, having gained 1.5% in the previous day.<\/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-465468","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\/465468","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=465468"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/465468\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=465468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=465468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=465468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}