{"id":616569,"date":"2023-11-10T09:29:11","date_gmt":"2023-11-10T03:59:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616569"},"modified":"2023-11-10T10:07:58","modified_gmt":"2023-11-10T04:37:58","slug":"brent-crude-oil-hovers-around-80-after-this-weeks-downward-spiral","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-crude-oil-hovers-around-80-after-this-weeks-downward-spiral\/","title":{"rendered":"Brent crude oil hovers around $80 after this week&#8217;s downward spiral"},"content":{"rendered":"<p>The Brent crude oil benchmark hovered around $80 a barrel on Thursday, with demand concerns and a waning war-risk premium having triggered a selloff over the past week.<br \/>\nBrent crude futures were up 45 cents at $79.99 a barrel by 1147 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 43 cents to $75.76. <\/p>\n<p>The uptick came after both benchmarks dropped to their lowest since mid-July on Wednesday as worry over possible supply disruptions in the Middle East eased and concern over U.S. and Chinese demand intensified. Brent is nearly $20 a barrel lower than its September peak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brent crude oil benchmark hovered around $80 a barrel on Thursday, with demand concerns and a waning war-risk premium having triggered a selloff over the past week. Brent crude futures were up 45 cents at $79.99 a barrel by 1147 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 43 cents to $75.76. The uptick came after both benchmarks dropped to their lowest since mid-July on Wednesday as worry over possible supply disruptions in the Middle East eased and concern over U.S. and Chinese demand intensified. Brent is nearly $20 a barrel lower than its September peak.<\/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-616569","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\/616569","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=616569"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616569\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}