{"id":469339,"date":"2022-02-19T09:12:38","date_gmt":"2022-02-19T03:42:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469339"},"modified":"2022-02-19T09:26:03","modified_gmt":"2022-02-19T03:56:03","slug":"oil-heads-for-weekly-fall-on-iranian-oil-hopes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-heads-for-weekly-fall-on-iranian-oil-hopes\/","title":{"rendered":"Oil heads for weekly fall on Iranian oil hopes"},"content":{"rendered":"<p>London (Reuters) -Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis.<\/p>\n<p>Brent crude futures fell $2.44, or 2,6%, to $90.53 a barrel BY 1032 GMT, extending a 1.9% drop from the previous session.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures shed $2.39, or 2.6%, to $89.37 a barrel after sliding 2% on Thursday.<\/p>\n<p>Fears over possible supply disruptions resulting from the Russian military presence at Ukraine&#8217;s borders have capped losses this week.<\/p>\n<p>&#8220;For all the talk of war and conflict, market players remain unconvinced. This is perhaps why the geopolitical risk premium is starting to wane,&#8221; said Stephen Brennock at brokerage PVM Oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London (Reuters) -Oil prices extended losses on Friday and were heading for a weekly fall as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis. Brent crude futures fell $2.44, or 2,6%, to $90.53 a barrel BY 1032 GMT, extending a 1.9% drop from the previous session. U.S. West Texas Intermediate (WTI) crude futures shed $2.39, or 2.6%, to $89.37 a barrel after sliding 2% on Thursday. Fears over possible supply disruptions resulting from the Russian military presence at Ukraine&#8217;s borders have capped losses this week. &#8220;For all the talk of [&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-469339","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\/469339","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=469339"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469339\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}