{"id":625391,"date":"2023-12-30T09:31:17","date_gmt":"2023-12-30T04:01:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=625391"},"modified":"2023-12-30T09:53:37","modified_gmt":"2023-12-30T04:23:37","slug":"oil-prices-set-to-end-year-10-lower-as-demand-concerns-snap-winning-streak","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-set-to-end-year-10-lower-as-demand-concerns-snap-winning-streak\/","title":{"rendered":"Oil prices set to end year 10% lower as demand concerns snap winning streak"},"content":{"rendered":"<p>Crude futures rose slightly on Friday in thin activity on the last trading day of the year. <\/p>\n<p>Both benchmarks are set to end 2023 about 10% lower after two years of gains as geopolitical concerns and oil production cuts drove wild fluctuations in prices. <\/p>\n<p>Brent futures rose 12 cents to $77.27 a barrel at 2:22 p.m. (1922 GMT) on Friday. U.S. West Texas Intermediate crude rose 16 cents to $71.93 a barrel. <\/p>\n<p>Oil prices fell sharply on Thursday as some shipping companies said they would resume movements through the Red Sea, easing supply concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude futures rose slightly on Friday in thin activity on the last trading day of the year. Both benchmarks are set to end 2023 about 10% lower after two years of gains as geopolitical concerns and oil production cuts drove wild fluctuations in prices. Brent futures rose 12 cents to $77.27 a barrel at 2:22 p.m. (1922 GMT) on Friday. U.S. West Texas Intermediate crude rose 16 cents to $71.93 a barrel. Oil prices fell sharply on Thursday as some shipping companies said they would resume movements through the Red Sea, easing supply concerns.<\/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-625391","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\/625391","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=625391"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/625391\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=625391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=625391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=625391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}