{"id":550368,"date":"2023-01-27T12:01:14","date_gmt":"2023-01-27T06:31:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550368"},"modified":"2023-01-27T13:35:55","modified_gmt":"2023-01-27T08:05:55","slug":"oil-steady-as-market-awaits-more-supply-clarity","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-as-market-awaits-more-supply-clarity\/","title":{"rendered":"Oil steady as market awaits more supply clarity"},"content":{"rendered":"<p>Oil prices were steady on Thursday after US\u00a0crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. <\/p>\n<p>Brent crude futures dipped 4 cents, or 0.1 per cent, to $86.08 per barrel by 0400 GMT, while US\u00a0West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2 per cent, to $80.33.<\/p>\n<p>&#8220;The market awaits to get more clarity on the upcoming EU embargo on Russian refined products and the subsequent reshuffle of trade flows, while OPEC+ delegates head into their next meeting,&#8221; Citi analysts said in a note Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were steady on Thursday after US\u00a0crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. Brent crude futures dipped 4 cents, or 0.1 per cent, to $86.08 per barrel by 0400 GMT, while US\u00a0West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2 per cent, to $80.33. &#8220;The market awaits to get more clarity on the upcoming EU embargo on Russian refined products and the subsequent reshuffle of trade flows, while OPEC+ delegates head into their next meeting,&#8221; Citi analysts [&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":[146,130,177],"tags":[],"class_list":["post-550368","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\/550368","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=550368"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550368\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}