{"id":506022,"date":"2022-07-16T11:07:01","date_gmt":"2022-07-16T05:37:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=506022"},"modified":"2022-07-16T11:07:01","modified_gmt":"2022-07-16T05:37:01","slug":"oil-jumps-2-5-as-no-immediate-saudi-output-boost-expected","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-jumps-2-5-as-no-immediate-saudi-output-boost-expected\/","title":{"rendered":"Oil jumps 2.5% as no immediate Saudi output boost expected"},"content":{"rendered":"<p>NEW YORK -Oil prices gained 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.<\/p>\n<p>Brent crude futures were up $2.50, or 2.5%, to $101.60 a barrel by 11:39 a.m. EDT (1539 GMT) while West Texas Intermediate crude rose $2.38, or 2.5%, to $98.16.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK -Oil prices gained 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production. Brent crude futures were up $2.50, or 2.5%, to $101.60 a barrel by 11:39 a.m. EDT (1539 GMT) while West Texas Intermediate crude rose $2.38, or 2.5%, to $98.16.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-506022","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506022","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=506022"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506022\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=506022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=506022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=506022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}