{"id":484468,"date":"2022-04-16T09:45:34","date_gmt":"2022-04-16T04:15:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=484468"},"modified":"2022-04-16T10:38:08","modified_gmt":"2022-04-16T05:08:08","slug":"oil-prices-fall-as-market-weighs-mixed-supply-signals","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-market-weighs-mixed-supply-signals\/","title":{"rendered":"Oil prices fall as market weighs mixed supply signals"},"content":{"rendered":"<p>Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply.<\/p>\n<p>Brent futures were down 59 cents, or 0.5%, at $108.19 a barrel, while U.S. West Texas Intermediate futures were off 57 cents or 0.6%, at $103.68 a barrel at 0906 GMT. <\/p>\n<p>Both contracts on Wednesday had shrugged off a build in U.S. crude inventories to end the trading session roughly 4% higher. <\/p>\n<p>&#8220;Asian buyers have been absent today, with volumes potentially being curbed by the long weekend across most of Asia, Europe, and North America,&#8221; OANDA analyst Jeffrey Halley wrote in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply. Brent futures were down 59 cents, or 0.5%, at $108.19 a barrel, while U.S. West Texas Intermediate futures were off 57 cents or 0.6%, at $103.68 a barrel at 0906 GMT. Both contracts on Wednesday had shrugged off a build in U.S. crude inventories to end the trading session roughly 4% higher. &#8220;Asian buyers have been absent today, with volumes potentially being curbed by the long weekend across most of Asia, Europe, and [&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-484468","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\/484468","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=484468"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/484468\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=484468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=484468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=484468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}