{"id":518056,"date":"2022-08-30T10:47:53","date_gmt":"2022-08-30T05:17:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518056"},"modified":"2022-08-30T12:47:30","modified_gmt":"2022-08-30T07:17:30","slug":"oil-climbs-on-opec-supply-cut-prospect-demand-growth","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-climbs-on-opec-supply-cut-prospect-demand-growth\/","title":{"rendered":"Oil climbs on OPEC supply cut prospect, demand growth"},"content":{"rendered":"<p>Oil prices rose 1 per cent on Monday, as expectations OPEC will cut output if needed to support prices, conflict in Libya, and rising demand amid soaring natural gas prices in Europe helped offset a dire outlook for growth in the United States.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures jumped $1.09, or 1.2 per cent, to $94.15 a barrel at 0241 GMT, adding to a 2.5 per cent gain last week.<\/p>\n<p>Brent crude futures rose 89 cents, or 0.9 per cent, to $101.88 a barrel, extending a 4.4 per cent gain last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose 1 per cent on Monday, as expectations OPEC will cut output if needed to support prices, conflict in Libya, and rising demand amid soaring natural gas prices in Europe helped offset a dire outlook for growth in the United States. US West Texas Intermediate (WTI) crude futures jumped $1.09, or 1.2 per cent, to $94.15 a barrel at 0241 GMT, adding to a 2.5 per cent gain last week. Brent crude futures rose 89 cents, or 0.9 per cent, to $101.88 a barrel, extending a 4.4 per cent gain last week.<\/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-518056","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\/518056","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=518056"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518056\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}