{"id":634588,"date":"2024-02-15T09:56:12","date_gmt":"2024-02-15T04:26:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634588"},"modified":"2024-02-15T11:15:05","modified_gmt":"2024-02-15T05:45:05","slug":"crude-oil-prices-hold-firm-on-opec-demand-forecast-us-fuel-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-hold-firm-on-opec-demand-forecast-us-fuel-stocks\/","title":{"rendered":"Crude oil prices hold firm on Opec demand forecast, US fuel stocks"},"content":{"rendered":"<p>Oil prices were little changed on Wednesday, holding on to Tuesday&#8217;s gains on a robust demand growth forecast from OPEC and a sharp decline in US fuel stocks. <\/p>\n<p>Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. US West Texas Intermediate (WTI) crude futures were flat at $77.87. <\/p>\n<p>Geopolitical factors were also partly responsible for gains of about 1% on Tuesday, with diplomatic deadlocks in the Middle East and Russia-Ukraine conflicts offsetting expectations of a deferred start to interest rate cuts in the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were little changed on Wednesday, holding on to Tuesday&#8217;s gains on a robust demand growth forecast from OPEC and a sharp decline in US fuel stocks. Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. US West Texas Intermediate (WTI) crude futures were flat at $77.87. Geopolitical factors were also partly responsible for gains of about 1% on Tuesday, with diplomatic deadlocks in the Middle East and Russia-Ukraine conflicts offsetting expectations of a deferred start to interest rate cuts in the United States.<\/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-634588","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\/634588","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=634588"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634588\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}