{"id":493878,"date":"2022-05-27T09:16:34","date_gmt":"2022-05-27T03:46:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493878"},"modified":"2022-05-27T10:25:58","modified_gmt":"2022-05-27T04:55:58","slug":"oil-prices-linger-near-two-month-high-amid-global-supply-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-linger-near-two-month-high-amid-global-supply-concerns\/","title":{"rendered":"Oil prices linger near two-month high amid global supply concerns"},"content":{"rendered":"<p>Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in 1-1\/2 months, supported by the prospect of an EU ban on Russian oil and the coming summer driving season in the United States.<\/p>\n<p>Brent crude futures for July dipped 9 cents to $117.31 a barrel at 0247 GMT after rising to as high as $118.17 earlier in the session. The benchmark was on track for a gain of about 4% this week. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures were down 18 cents, or 0.2%, at $113.91 a barrel. WTI is set for a weekly gain of about 0.7%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in 1-1\/2 months, supported by the prospect of an EU ban on Russian oil and the coming summer driving season in the United States. Brent crude futures for July dipped 9 cents to $117.31 a barrel at 0247 GMT after rising to as high as $118.17 earlier in the session. The benchmark was on track for a gain of about 4% this week. U.S. West Texas Intermediate (WTI) crude futures were down 18 cents, or 0.2%, at $113.91 a barrel. WTI [&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-493878","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\/493878","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=493878"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493878\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}