{"id":527427,"date":"2022-10-06T09:49:46","date_gmt":"2022-10-06T04:19:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=527427"},"modified":"2022-10-06T11:09:27","modified_gmt":"2022-10-06T05:39:27","slug":"oil-prices-inch-lower-ahead-of-a-meeting-of-opec-producers-on-supply-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-inch-lower-ahead-of-a-meeting-of-opec-producers-on-supply-cut\/","title":{"rendered":"Oil prices inch lower ahead of a meeting of OPEC+ producers on supply cut"},"content":{"rendered":"<p>Oil prices moderated very slightly on Wednesday after gaining more than 3% in the previous session ahead of a meeting of OPEC+ producers to discuss a big cut in crude output.<\/p>\n<p>Traders said a stronger dollar was the main reason for the slightly easier prices, as it reduced demand from buyers using other currencies. [FRX\/]<\/p>\n<p>Brent crude fell 22 cents, or 0.2%, to $91.58 a barrel at 0427 GMT, after climbing $2.94 in the previous session.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures fell 29 cents, or 0.3%, to $86.23 a barrel after gaining $2.89 in the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices moderated very slightly on Wednesday after gaining more than 3% in the previous session ahead of a meeting of OPEC+ producers to discuss a big cut in crude output. Traders said a stronger dollar was the main reason for the slightly easier prices, as it reduced demand from buyers using other currencies. [FRX\/] Brent crude fell 22 cents, or 0.2%, to $91.58 a barrel at 0427 GMT, after climbing $2.94 in the previous session. U.S. West Texas Intermediate (WTI) crude futures fell 29 cents, or 0.3%, to $86.23 a barrel after gaining $2.89 in the previous session.<\/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-527427","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\/527427","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=527427"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/527427\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=527427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=527427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=527427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}