{"id":467564,"date":"2022-02-11T10:27:54","date_gmt":"2022-02-11T04:57:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=467564"},"modified":"2022-02-11T11:20:16","modified_gmt":"2022-02-11T05:50:16","slug":"oil-prices-steady-as-investors-eye-us-iran-nuclear-talks-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-as-investors-eye-us-iran-nuclear-talks-2\/","title":{"rendered":"Oil prices steady as investors eye US-Iran nuclear talks"},"content":{"rendered":"<p>Oil prices edged down on Thursday, after rallying on an unexpected drop in US crude inventories in the previous session, as investors await the outcome of US-Iran nuclear talks that could add crude supplies quickly to global markets. <\/p>\n<p>Brent crude futures slid 7 cents, or 0.1 per cent, to $91.48 a barrel at 0425 GMT, while US West Texas Intermediate crude was at $89.62 a barrel, down 4 cents.<\/p>\n<p>Robust demand recovery from the coronavirus pandemic has kept global oil supplies snug, with inventories at key fuel hubs globally hovering at multi-year lows. <\/p>\n<p>US crude inventories fell 4.8 million barrels in the week to Feb. 4, dropping to 410.4 million barrels &#8211; their lowest for commercial inventories since October 2018, the Energy Information Administration said. Analysts in a Reuters poll had forecast a 369,000-barrel rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged down on Thursday, after rallying on an unexpected drop in US crude inventories in the previous session, as investors await the outcome of US-Iran nuclear talks that could add crude supplies quickly to global markets. Brent crude futures slid 7 cents, or 0.1 per cent, to $91.48 a barrel at 0425 GMT, while US West Texas Intermediate crude was at $89.62 a barrel, down 4 cents. Robust demand recovery from the coronavirus pandemic has kept global oil supplies snug, with inventories at key fuel hubs globally hovering at multi-year lows. US crude inventories fell 4.8 million barrels [&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-467564","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\/467564","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=467564"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/467564\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=467564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=467564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=467564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}