{"id":580506,"date":"2023-05-30T09:44:07","date_gmt":"2023-05-30T04:14:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580506"},"modified":"2023-05-30T10:59:41","modified_gmt":"2023-05-30T05:29:41","slug":"oil-rises-on-u-s-debt-deal-but-rate-hikes-opec-talks-curb-enthusiasm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-on-u-s-debt-deal-but-rate-hikes-opec-talks-curb-enthusiasm\/","title":{"rendered":"Oil rises on U.S. debt deal, but rate hikes, OPEC+ talks curb enthusiasm"},"content":{"rendered":"<p>Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world&#8217;s biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains.<\/p>\n<p>Brent crude futures climbed 35 cents, or 0.5%, to $77.42 a barrel by 0145 GMT after gaining 12 cents on Monday.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude rose 53 cents to $73.20 a barrel, up 0.7% from Friday&#8217;s close. There was no settlement on Monday because of a U.S. public holiday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world&#8217;s biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave output quotas unchanged capped gains. Brent crude futures climbed 35 cents, or 0.5%, to $77.42 a barrel by 0145 GMT after gaining 12 cents on Monday. U.S. West Texas Intermediate (WTI) crude rose 53 cents to $73.20 a barrel, up 0.7% from Friday&#8217;s close. There was no settlement on Monday because of a U.S. public holiday.<\/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":[130,191,136],"tags":[],"class_list":["post-580506","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580506","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=580506"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580506\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}