{"id":517201,"date":"2022-08-27T09:40:51","date_gmt":"2022-08-27T04:10:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517201"},"modified":"2022-08-27T10:05:09","modified_gmt":"2022-08-27T04:35:09","slug":"brent-crude-anchored-above-100-a-barrel-heading-for-weekly-gain","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-crude-anchored-above-100-a-barrel-heading-for-weekly-gain\/","title":{"rendered":"Brent crude anchored above $100 a barrel, heading for weekly gain"},"content":{"rendered":"<p>LONDON (Reuters) -Oil prices rose as much as $1 on Friday on signs of improving fuel demand, though an upcoming speech from the U.S. Federal Reserve chairman capped further gains.<\/p>\n<p>Brent crude futures climbed $1.53, or 1.54%, to $100.87 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.20 cents, or 1.3%, to $93.72.<\/p>\n<p>Both contracts slumped by about $2 on Thursday but are on track for a weekly gain of around 4% for Brent and 3% for WTI.<\/p>\n<p>Better than expected figures concerning the U.S. economy helped to dispel recession fears.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil prices rose as much as $1 on Friday on signs of improving fuel demand, though an upcoming speech from the U.S. Federal Reserve chairman capped further gains. Brent crude futures climbed $1.53, or 1.54%, to $100.87 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.20 cents, or 1.3%, to $93.72. Both contracts slumped by about $2 on Thursday but are on track for a weekly gain of around 4% for Brent and 3% for WTI. Better than expected figures concerning the U.S. economy helped to dispel recession fears.<\/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-517201","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\/517201","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=517201"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517201\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}