{"id":656785,"date":"2025-12-19T08:19:06","date_gmt":"2025-12-19T02:49:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=656785"},"modified":"2025-12-19T09:07:06","modified_gmt":"2025-12-19T03:37:06","slug":"oil-set-to-close-lower-for-second-straight-week","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-set-to-close-lower-for-second-straight-week\/","title":{"rendered":"Oil set to close lower for second straight week"},"content":{"rendered":"<p>Oil prices fell in early trading on Friday and were \u200dset to close lower for a second straight week, as rising prospects of a \u2060Russia-Ukraine peace deal offset concerns over supply disruptions from a blockade of Venezuelan oil tankers. <\/p>\n<p>Brent crude futures fell 9 cents, or 0.2%, to $59.73 a barrel by 0111 \u200cGMT, and U.S. \u200cWest Texas Intermediate crude was trading 16 cents, or 0.3% lower, at $55.99 a barrel. On \u200ca weekly basis, both benchmarks were down more than 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell in early trading on Friday and were \u200dset to close lower for a second straight week, as rising prospects of a \u2060Russia-Ukraine peace deal offset concerns over supply disruptions from a blockade of Venezuelan oil tankers. Brent crude futures fell 9 cents, or 0.2%, to $59.73 a barrel by 0111 \u200cGMT, and U.S. \u200cWest Texas Intermediate crude was trading 16 cents, or 0.3% lower, at $55.99 a barrel. On \u200ca weekly basis, both benchmarks were down more than 2%.<\/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":[130,191,136],"tags":[],"class_list":["post-656785","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/656785","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=656785"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/656785\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=656785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=656785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=656785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}