{"id":530832,"date":"2022-10-20T09:46:21","date_gmt":"2022-10-20T04:16:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=530832"},"modified":"2022-10-20T10:27:23","modified_gmt":"2022-10-20T04:57:23","slug":"oil-prices-tick-up-in-volatile-trade-as-us-stocks-fall-on-tight-market","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-tick-up-in-volatile-trade-as-us-stocks-fall-on-tight-market\/","title":{"rendered":"Oil prices tick up in volatile trade as US stocks fall on tight market"},"content":{"rendered":"<p>Oil prices rose slightly on Wednesday amid plenty of caution as bullish signals like falling U.S. crude stocks and a generally undersupplied market were countered by bearish factors such as uncertain Chinese demand growth and falling gas prices.<\/p>\n<p>Brent crude futures for December settlement rose 60 cents, or 0.7%, to $90.63 a barrel by 0913 GMT. Earlier in the session, Brent hit a low of $89.32.<\/p>\n<p>U.S. West Texas Intermediate crude for November delivery, expiring on Thursday, was at $83.59 a barrel, up 77 cents, or 0.9%. The December contract was at $82.73, up 66 cents, or 0.8%.<\/p>\n<p>In the previous session, the contracts fell to their lowest in two weeks on reports of U.S. President Joe Biden&#8217;s plans to release more barrels from the Strategic Petroleum Reserve (SPR).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose slightly on Wednesday amid plenty of caution as bullish signals like falling U.S. crude stocks and a generally undersupplied market were countered by bearish factors such as uncertain Chinese demand growth and falling gas prices. Brent crude futures for December settlement rose 60 cents, or 0.7%, to $90.63 a barrel by 0913 GMT. Earlier in the session, Brent hit a low of $89.32. U.S. West Texas Intermediate crude for November delivery, expiring on Thursday, was at $83.59 a barrel, up 77 cents, or 0.9%. The December contract was at $82.73, up 66 cents, or 0.8%. In the [&hellip;]<\/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-530832","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\/530832","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=530832"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/530832\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=530832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=530832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=530832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}