{"id":629577,"date":"2024-01-20T10:42:09","date_gmt":"2024-01-20T05:12:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=629577"},"modified":"2024-01-20T12:46:01","modified_gmt":"2024-01-20T07:16:01","slug":"crude-oil-locked-in-tight-range-amid-geopolitical-flare-find-out-analyst-expectations-ahead","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-locked-in-tight-range-amid-geopolitical-flare-find-out-analyst-expectations-ahead\/","title":{"rendered":"Crude Oil locked in tight range amid geopolitical flare; Find out analyst expectations ahead"},"content":{"rendered":"<p>Crude oil is stuck in range of 5800-6200 for last 15 trading session. In this narrow range, we are witnessing daily volatility on back of headlines like sporadic attack in Red Sea by Houthis. Yesterday\u2019s crude oil gain can be attributed to an estimated US inventory decline of 2.5 million barrels for the week to January 12. <\/p>\n<p>This compared with a moderate inventory build of 1.3 million barrels for the previous week, which also saw another round of massive increases in fuel inventories that drove prices lower at the time. This week also one of the factors for price rise was OPEC report which was bullish.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil is stuck in range of 5800-6200 for last 15 trading session. In this narrow range, we are witnessing daily volatility on back of headlines like sporadic attack in Red Sea by Houthis. Yesterday\u2019s crude oil gain can be attributed to an estimated US inventory decline of 2.5 million barrels for the week to January 12. This compared with a moderate inventory build of 1.3 million barrels for the previous week, which also saw another round of massive increases in fuel inventories that drove prices lower at the time. This week also one of the factors for price rise [&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":[130,195,138],"tags":[],"class_list":["post-629577","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\/629577","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=629577"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/629577\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=629577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=629577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=629577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}