{"id":469342,"date":"2022-02-19T09:14:25","date_gmt":"2022-02-19T03:44:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469342"},"modified":"2022-02-19T09:26:37","modified_gmt":"2022-02-19T03:56:37","slug":"oil-retreats-below-90-a-barrel-with-bumper-rally-starting-to-ease-out","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-retreats-below-90-a-barrel-with-bumper-rally-starting-to-ease-out\/","title":{"rendered":"Oil retreats below $90 a barrel with bumper rally starting to ease out"},"content":{"rendered":"<p>Oil headed for the first weekly loss in two months as investors weighed the crisis over Ukraine and the possibility that Iran\u2019s nuclear deal may be revived.<\/p>\n<p>West Texas Intermediate (WTI) fell below $90 a barrel after losing as much as 3 per cent on Friday.<\/p>\n<p>WTI crude futures shed $0.43, or 0.47 per cent, to $91.33 a barrel after sliding 2 per cent on Thursday. Brent crude futures fell $0.13, or 0.14 per cent, to $92.84 a barrel by 9.45 IST.<\/p>\n<p>There have been signs that the market\u2019s recent rally is starting to cool in recent days \u2014 albeit from exceptionally high levels. The North Sea market has seen differentials for physical barrels ease, while refining margins have come under pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil headed for the first weekly loss in two months as investors weighed the crisis over Ukraine and the possibility that Iran\u2019s nuclear deal may be revived. West Texas Intermediate (WTI) fell below $90 a barrel after losing as much as 3 per cent on Friday. WTI crude futures shed $0.43, or 0.47 per cent, to $91.33 a barrel after sliding 2 per cent on Thursday. Brent crude futures fell $0.13, or 0.14 per cent, to $92.84 a barrel by 9.45 IST. There have been signs that the market\u2019s recent rally is starting to cool in recent days \u2014 albeit [&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-469342","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\/469342","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=469342"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469342\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}