{"id":616777,"date":"2023-11-13T09:47:44","date_gmt":"2023-11-13T04:17:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=616777"},"modified":"2023-11-13T10:02:30","modified_gmt":"2023-11-13T04:32:30","slug":"oil-set-for-third-weekly-decline-as-middle-east-conflict-concerns-ebb-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-set-for-third-weekly-decline-as-middle-east-conflict-concerns-ebb-2\/","title":{"rendered":"Oil set for third weekly decline as Middle East conflict concerns ebb"},"content":{"rendered":"<p>Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas conflict have ebbed, allowing demand worries to reassert themselves. <\/p>\n<p>Brent crude futures for January were up 40 cents, or 0.5%, at $80.41 a barrel at 0729 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $76.04, up 30 cents, or 0.4%. <\/p>\n<p>Brent futures are down 5.7% this week while WTI has declined 5.9% since last week. The three weeks of declines are the longest weekly losing streak for both contracts since a four-week drop from mid-April to early May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas conflict have ebbed, allowing demand worries to reassert themselves. Brent crude futures for January were up 40 cents, or 0.5%, at $80.41 a barrel at 0729 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $76.04, up 30 cents, or 0.4%. Brent futures are down 5.7% this week while WTI has declined 5.9% since last week. The three weeks of declines are the longest weekly losing streak for both contracts since [&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-616777","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\/616777","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=616777"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/616777\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=616777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=616777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=616777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}