{"id":550465,"date":"2023-01-28T09:50:45","date_gmt":"2023-01-28T04:20:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550465"},"modified":"2023-01-28T10:29:50","modified_gmt":"2023-01-28T04:59:50","slug":"oil-prices-firm-for-a-second-session-on-upbeat-us-economic-data","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-firm-for-a-second-session-on-upbeat-us-economic-data\/","title":{"rendered":"Oil prices firm for a second session on upbeat US economic data"},"content":{"rendered":"<p>LONDON (Reuters) -Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand.<\/p>\n<p>Brent futures gained $1.15, or 1.3%, to $88.62 a barrel by 0930 GMT. U.S. crude also rose by 1.3%, gaining $1.01 to $82.02.<\/p>\n<p>Both benchmarks advanced by more than 1% on Thursday and are heading for a third straight week of gains.<\/p>\n<p>OPEC+ delegates meet next week to review crude production levels, with sources from the oil producer group expecting no change to current output policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand. Brent futures gained $1.15, or 1.3%, to $88.62 a barrel by 0930 GMT. U.S. crude also rose by 1.3%, gaining $1.01 to $82.02. Both benchmarks advanced by more than 1% on Thursday and are heading for a third straight week of gains. OPEC+ delegates meet next week to review crude production levels, with sources from the oil producer group expecting no change to current output policy.<\/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-550465","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\/550465","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=550465"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550465\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}