{"id":520065,"date":"2022-09-06T11:09:47","date_gmt":"2022-09-06T05:39:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=520065"},"modified":"2022-09-06T13:04:00","modified_gmt":"2022-09-06T07:34:00","slug":"oil-prices-ease-on-symbolic-opec-output-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-ease-on-symbolic-opec-output-cut\/","title":{"rendered":"Oil prices ease on symbolic OPEC+ output cut"},"content":{"rendered":"<p>Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market&#8217;s recent slide.<\/p>\n<p>Brent crude futures had fallen 81 cents, or 0.9 per cent, to $94.93 a barrel by 0354 GMT.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures inched up from Monday to $88.57 a barrel, and were $1.70 higher, or 2.0 per cent, than Friday&#8217;s close. There was no settlement on Monday, the US Labor Day holiday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market&#8217;s recent slide. Brent crude futures had fallen 81 cents, or 0.9 per cent, to $94.93 a barrel by 0354 GMT. US West Texas Intermediate (WTI) crude futures inched up from Monday to $88.57 a barrel, and were $1.70 higher, or 2.0 per cent, than Friday&#8217;s close. There was no settlement on Monday, the US Labor Day holiday.<\/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-520065","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\/520065","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=520065"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520065\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=520065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=520065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=520065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}