{"id":554763,"date":"2023-02-10T11:08:46","date_gmt":"2023-02-10T05:38:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=554763"},"modified":"2023-02-10T13:05:04","modified_gmt":"2023-02-10T07:35:04","slug":"oil-rises-for-4th-day-as-supply-disruptions-china-demand-supports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-for-4th-day-as-supply-disruptions-china-demand-supports\/","title":{"rendered":"Oil rises for 4th day as supply disruptions, China demand supports"},"content":{"rendered":"<p>Oil edged up in early trade on Thursday, extending gains for a fourth consecutive day, as crude loading disruptions in Turkey and optimism over China&#8217;s recovering demand continued to buoy sentiment.<\/p>\n<p>Brent crude futures rose 14 cents, or 0.2 per cent to $85.26 a barrel by 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures firmed 11 cents, or 0.2 per cent higher, to $78.58 a barrel.<\/p>\n<p>Both benchmarks have gained more than 6 per cent so far this week.<\/p>\n<p>BP Azerbaijan declared force majeure on Azeri crude shipments from the Turkish port of Ceyhan on February 7 after a massive earthquake struck Turkey and Syria early on Monday. The disaster halted operations at Ceyhan and disrupted crude oil flows from Iraq and Azerbaijan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil edged up in early trade on Thursday, extending gains for a fourth consecutive day, as crude loading disruptions in Turkey and optimism over China&#8217;s recovering demand continued to buoy sentiment. Brent crude futures rose 14 cents, or 0.2 per cent to $85.26 a barrel by 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures firmed 11 cents, or 0.2 per cent higher, to $78.58 a barrel. Both benchmarks have gained more than 6 per cent so far this week. BP Azerbaijan declared force majeure on Azeri crude shipments from the Turkish port of Ceyhan on February 7 after [&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-554763","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\/554763","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=554763"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554763\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=554763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=554763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=554763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}