{"id":622863,"date":"2023-12-16T10:54:14","date_gmt":"2023-12-16T05:24:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622863"},"modified":"2023-12-16T12:31:06","modified_gmt":"2023-12-16T07:01:06","slug":"oil-prices-on-track-for-first-weekly-rise-in-two-months-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-on-track-for-first-weekly-rise-in-two-months-2\/","title":{"rendered":"Oil prices on track for first weekly rise in two months"},"content":{"rendered":"<p>Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the International Energy Agency (IEA) on oil demand for next year and a weaker dollar.<\/p>\n<p>Brent futures rose 51 cents, or 0.7%, to $77.12 a barrel at 1326 GMT. U.S. West Texas Intermediate (WTI) crude climbed 52 cents, or 0.7%, to $72.10.<\/p>\n<p>Both benchmarks were on course for a modest weekly gain, having been lifted by a mid-week announcement from the U.S. Federal Reserve that it could cut borrowing costs next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the International Energy Agency (IEA) on oil demand for next year and a weaker dollar. Brent futures rose 51 cents, or 0.7%, to $77.12 a barrel at 1326 GMT. U.S. West Texas Intermediate (WTI) crude climbed 52 cents, or 0.7%, to $72.10. Both benchmarks were on course for a modest weekly gain, having been lifted by a mid-week announcement from the U.S. Federal Reserve that it could cut borrowing costs next year.<\/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":[130,195,138],"tags":[],"class_list":["post-622863","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622863","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=622863"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622863\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}