{"id":637281,"date":"2024-03-02T10:21:23","date_gmt":"2024-03-02T04:51:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=637281"},"modified":"2024-03-02T11:22:13","modified_gmt":"2024-03-02T05:52:13","slug":"oil-price-rises-as-markets-await-opec-decision-on-supply-agreements","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-rises-as-markets-await-opec-decision-on-supply-agreements\/","title":{"rendered":"Oil price rises as markets await OPEC+ decision on supply agreements"},"content":{"rendered":"<p>Oil prices edged up on Friday and were set to end the week modestly higher as markets awaited an OPEC+ decision on supply agreements for the second quarter amid differing demand indicators key consumers U.S. and China. <\/p>\n<p>Brent futures for May climbed 27 cents, or 0.33%, to $82.18 a barrel by 0403 GMT, while U.S. West Texas Intermediate (WTI) for April rose 20 cents, or 0.26%, to $78.46. <\/p>\n<p>WTI is on track for at least a 2.5% increase this week, while Brent is holding near last week\u2019s settlement price. Brent has hovered comfortably above the $80 mark for three weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged up on Friday and were set to end the week modestly higher as markets awaited an OPEC+ decision on supply agreements for the second quarter amid differing demand indicators key consumers U.S. and China. Brent futures for May climbed 27 cents, or 0.33%, to $82.18 a barrel by 0403 GMT, while U.S. West Texas Intermediate (WTI) for April rose 20 cents, or 0.26%, to $78.46. WTI is on track for at least a 2.5% increase this week, while Brent is holding near last week\u2019s settlement price. Brent has hovered comfortably above the $80 mark for three weeks.<\/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-637281","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\/637281","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=637281"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/637281\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=637281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=637281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=637281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}