{"id":633537,"date":"2024-02-08T09:55:15","date_gmt":"2024-02-08T04:25:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633537"},"modified":"2024-02-08T11:15:04","modified_gmt":"2024-02-08T05:45:04","slug":"oil-prices-rise-on-lower-than-expected-surge-in-us-crude-stockpiles","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-on-lower-than-expected-surge-in-us-crude-stockpiles\/","title":{"rendered":"Oil prices rise on lower-than-expected surge in US crude stockpiles"},"content":{"rendered":"<p> Oil prices rose for a third day on Wednesday after U.S. crude inventories grew less than expected and a cut in the forecast for output growth in the U.S., the world&#8217;s biggest producer, eased concerns about potential oversupply.<br \/>\nBrent crude futures rose 56 cents to $79.15 a barrel as of 1159 GMT, while U.S. West Texas Intermediate crude climbed 59 cents to $73.90.<br \/>\nU.S. crude stocks fell well short of analysts&#8217; forecasts, American Petroleum Institute figures showed. U.S. government weekly data on inventories will be released later on Wednesday. [EIA\/S]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose for a third day on Wednesday after U.S. crude inventories grew less than expected and a cut in the forecast for output growth in the U.S., the world&#8217;s biggest producer, eased concerns about potential oversupply. Brent crude futures rose 56 cents to $79.15 a barrel as of 1159 GMT, while U.S. West Texas Intermediate crude climbed 59 cents to $73.90. U.S. crude stocks fell well short of analysts&#8217; forecasts, American Petroleum Institute figures showed. U.S. government weekly data on inventories will be released later on Wednesday. [EIA\/S]<\/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-633537","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\/633537","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=633537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}