{"id":468434,"date":"2022-02-16T09:54:31","date_gmt":"2022-02-16T04:24:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=468434"},"modified":"2022-02-16T10:21:28","modified_gmt":"2022-02-16T04:51:28","slug":"oil-drops-from-seven-year-high-on-report-some-russian-troops-return-to-base","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-from-seven-year-high-on-report-some-russian-troops-return-to-base\/","title":{"rendered":"Oil drops from seven-year high on report some Russian troops return to base"},"content":{"rendered":"<p>Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some troops in Russia&#8217;s military districts adjacent to Ukraine are returning to bases, a move that could de-escalate tension between Moscow and the West. <\/p>\n<p>Russia&#8217;s Interfax news agency cited the defence ministry as saying that while large-scale drills across the country continued, some units of the Southern and Western military districts have completed their exercises and started returning to base.<\/p>\n<p>Brent crude fell $2.35, or 2.4 per cent, to $94.13 by 1442 IST. US West Texas Intermediate (WTI) crude dropped $2.00, or 2.1 per cent, to $93.46. <\/p>\n<p>&#8220;There are no prizes for guessing the driving force behind this bout of volatility,&#8221; said Stephen Brennock of oil broker PVM.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some troops in Russia&#8217;s military districts adjacent to Ukraine are returning to bases, a move that could de-escalate tension between Moscow and the West. Russia&#8217;s Interfax news agency cited the defence ministry as saying that while large-scale drills across the country continued, some units of the Southern and Western military districts have completed their exercises and started returning to base. Brent crude fell $2.35, or 2.4 per cent, to $94.13 by 1442 IST. US West Texas Intermediate (WTI) crude dropped $2.00, or [&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-468434","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\/468434","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=468434"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468434\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=468434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=468434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=468434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}