{"id":468902,"date":"2022-02-17T11:10:14","date_gmt":"2022-02-17T05:40:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=468902"},"modified":"2022-02-17T11:42:18","modified_gmt":"2022-02-17T06:12:18","slug":"oil-prices-slide-after-france-and-iran-say-closer-to-a-nuclear-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slide-after-france-and-iran-say-closer-to-a-nuclear-deal\/","title":{"rendered":"Oil prices slide after France and Iran say closer to a nuclear deal"},"content":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Oil slid more than 2% in early Asian trade on Thursday after both France and Iran said parties are closer to an agreement to salvage Iran&#8217;s 2015 nuclear deal with world powers, offsetting ongoing concerns over the situation in Ukraine.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude was trading down $2.50, or 2.7%, at $91.16 a barrel at 0058 GMT, after it ended up 1.7% the previous day. <\/p>\n<p>Brent crude was trading down $2.43, or 2.6%, at $92.38 after the contract closed up 1.6% in the previous day&#8217;s trade.<\/p>\n<p>&#8220;Positive news from the U.S.-Iran nuclear negotiations is providing much-needed relief to global oil prices, as the possibility of new crude supplies reduces the supply-demand deficit,&#8221; said Claudio Galimberti, senior vice president of consultancy Rystad Energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Oil slid more than 2% in early Asian trade on Thursday after both France and Iran said parties are closer to an agreement to salvage Iran&#8217;s 2015 nuclear deal with world powers, offsetting ongoing concerns over the situation in Ukraine. U.S. West Texas Intermediate (WTI) crude was trading down $2.50, or 2.7%, at $91.16 a barrel at 0058 GMT, after it ended up 1.7% the previous day. Brent crude was trading down $2.43, or 2.6%, at $92.38 after the contract closed up 1.6% in the previous day&#8217;s trade. &#8220;Positive news from the U.S.-Iran nuclear negotiations is providing [&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-468902","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\/468902","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=468902"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468902\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=468902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=468902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=468902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}