{"id":469077,"date":"2022-02-18T09:38:41","date_gmt":"2022-02-18T04:08:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469077"},"modified":"2022-02-18T10:16:23","modified_gmt":"2022-02-18T04:46:23","slug":"oil-falls-on-prospect-of-iran-oil-sanctions-easing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-prospect-of-iran-oil-sanctions-easing\/","title":{"rendered":"Oil falls on prospect of Iran oil sanctions easing"},"content":{"rendered":"<p>Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply.<\/p>\n<p>Brent crude futures fell 68 cents, or 0.7 per cent, to $92.29 a barrel at 0124 GMT, extending a 1.9 per cent drop from the previous session.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures shed 67 cents, or 0.7 per cent, to $91.09 a barrel, after sliding 2 per cent in the previous session. <\/p>\n<p>Both benchmark contracts were headed for their first weekly fall in nine weeks after hitting their highest points since September 2014, with a deal taking shape to revive Iran&#8217;s 2015 nuclear agreement with world powers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply. Brent crude futures fell 68 cents, or 0.7 per cent, to $92.29 a barrel at 0124 GMT, extending a 1.9 per cent drop from the previous session. US West Texas Intermediate (WTI) crude futures shed 67 cents, or 0.7 per cent, to $91.09 a barrel, after sliding 2 per cent in the previous session. Both benchmark contracts were headed for their first weekly fall [&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-469077","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\/469077","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=469077"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469077\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}