{"id":468669,"date":"2022-02-17T08:21:19","date_gmt":"2022-02-17T02:51:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=468669"},"modified":"2022-02-17T08:31:15","modified_gmt":"2022-02-17T03:01:15","slug":"oil-prices-hold-steady-after-russia-pulls-back-some-troops-near-ukraine","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hold-steady-after-russia-pulls-back-some-troops-near-ukraine\/","title":{"rendered":"Oil prices hold steady after Russia pulls back some troops near Ukraine"},"content":{"rendered":"<p>Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a taut balance between tight global supplies and recovering fuel demand.<\/p>\n<p>Brent traded at $93.19 a barrel at 0253 GMT, down 10 cents, having slid 3.3% overnight after Russia announced a partial pullback of its troops near Ukraine, yet to be verified by the United States.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude also held steady and last traded at $92.13 at 0247GMT, after the contract ended Tuesday&#8217;s session down 3.6%. <\/p>\n<p>Both benchmarks had hit their highest since September 2014 on Monday, with Brent touching $96.78 and WTI reaching $95.82.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a taut balance between tight global supplies and recovering fuel demand. Brent traded at $93.19 a barrel at 0253 GMT, down 10 cents, having slid 3.3% overnight after Russia announced a partial pullback of its troops near Ukraine, yet to be verified by the United States. U.S. West Texas Intermediate (WTI) crude also held steady and last traded at $92.13 at 0247GMT, after the contract ended Tuesday&#8217;s session down 3.6%. Both benchmarks had hit their highest [&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-468669","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\/468669","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=468669"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468669\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=468669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=468669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=468669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}