{"id":604003,"date":"2023-09-16T09:37:07","date_gmt":"2023-09-16T04:07:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=604003"},"modified":"2023-09-16T10:02:47","modified_gmt":"2023-09-16T04:32:47","slug":"brent-oil-prices-top-94-a-bbl-up-for-a-third-week-on-supply-curbs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-oil-prices-top-94-a-bbl-up-for-a-third-week-on-supply-curbs\/","title":{"rendered":"Brent oil prices top $94 a bbl, up for a third week on supply curbs"},"content":{"rendered":"<p>Brent oil headed for a third weekly gain as the market continued to tighten on the back of supply curbs from Saudi Arabia and Russia. The global crude benchmark traded near $94 a barrel Friday after closing up 2 per cent a day earlier. <\/p>\n<p>The International Energy Agency and Organization of Petroleum Exporting Countries both warned this week that the market would be in deficit through year-end, helping push prices about 3 per cent higher since last Friday\u2019s close. <\/p>\n<p>On the demand side, the picture has brightened on signs the US may be able to avoid a recession, while data from China on Friday beat economists\u2019 estimates, suggesting the worst of the downturn is passing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent oil headed for a third weekly gain as the market continued to tighten on the back of supply curbs from Saudi Arabia and Russia. The global crude benchmark traded near $94 a barrel Friday after closing up 2 per cent a day earlier. The International Energy Agency and Organization of Petroleum Exporting Countries both warned this week that the market would be in deficit through year-end, helping push prices about 3 per cent higher since last Friday\u2019s close. On the demand side, the picture has brightened on signs the US may be able to avoid a recession, while data [&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":[135,130,169],"tags":[],"class_list":["post-604003","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\/604003","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=604003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/604003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=604003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=604003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=604003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}