{"id":482031,"date":"2022-04-04T10:50:52","date_gmt":"2022-04-04T05:20:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=482031"},"modified":"2022-04-04T12:19:49","modified_gmt":"2022-04-04T06:49:49","slug":"oil-extends-losses-on-reserves-release-yemen-truce-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-on-reserves-release-yemen-truce-2\/","title":{"rendered":"Oil extends losses on reserves release, Yemen truce"},"content":{"rendered":"<p>Oil prices extended losses on Monday as investors eyed the release of supplies from strategic reserves from consuming nations, while a truce in Yemen could ease supply disruption concerns in the Middle East.<\/p>\n<p>Brent crude futures fell 79 cents, or 0.8 per cent, to $103.60 a barrel by 0037 GMT while US West Texas Intermediate crude was at $98.45 a barrel, down 82 cents, or 0.8 per cent. Both contracts slipped $1 when markets opened on Monday.<\/p>\n<p>The United Nations has brokered a two-month truce between a Saudi-led coalition and the Houthi group aligned with Iran for the first time in the seven-year conflict. Saudi oil facilities have come under attack by the Houthis during the conflict, adding to supply disruption from Russia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended losses on Monday as investors eyed the release of supplies from strategic reserves from consuming nations, while a truce in Yemen could ease supply disruption concerns in the Middle East. Brent crude futures fell 79 cents, or 0.8 per cent, to $103.60 a barrel by 0037 GMT while US West Texas Intermediate crude was at $98.45 a barrel, down 82 cents, or 0.8 per cent. Both contracts slipped $1 when markets opened on Monday. The United Nations has brokered a two-month truce between a Saudi-led coalition and the Houthi group aligned with Iran for the first time [&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-482031","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\/482031","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=482031"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482031\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=482031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=482031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=482031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}