{"id":566365,"date":"2023-03-28T11:22:21","date_gmt":"2023-03-28T05:52:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=566365"},"modified":"2023-03-28T12:54:57","modified_gmt":"2023-03-28T07:24:57","slug":"oil-prices-climb-in-relief-rally-as-banking-concerns-ease-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-climb-in-relief-rally-as-banking-concerns-ease-2\/","title":{"rendered":"Oil prices climb in relief rally as banking concerns ease"},"content":{"rendered":"<p>Oil prices climbed in early trade on Monday as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe.<\/p>\n<p>Brent crude futures gained 33 cents, or 0.4%, to $75.32 a barrel at 0040 GMT. U.S. West Texas Intermediate crude was at $69.65 a barrel, up 39 cents, or 0.6%.<\/p>\n<p>Brent rose 2.8% last week, while WTI rebounded 3.8% as jitters in the banking sector eased.<\/p>\n<p>\u201cThere has been a bounce in risk assets on the open this morning, more around the absence of any new bad banking developments over the weekend rather than any positive new developments as such,\u201d IG analyst Tony Sycamore said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices climbed in early trade on Monday as concerns over turmoil in the banking sector eased, while comments by Russian President Vladimir Putin over the weekend ratcheted up geopolitical tensions in Europe. Brent crude futures gained 33 cents, or 0.4%, to $75.32 a barrel at 0040 GMT. U.S. West Texas Intermediate crude was at $69.65 a barrel, up 39 cents, or 0.6%. Brent rose 2.8% last week, while WTI rebounded 3.8% as jitters in the banking sector eased. \u201cThere has been a bounce in risk assets on the open this morning, more around the absence of any new bad [&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":[130],"tags":[],"class_list":["post-566365","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566365","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=566365"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566365\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=566365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=566365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=566365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}