{"id":30643,"date":"2020-07-02T01:59:00","date_gmt":"2020-07-01T21:59:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30643"},"modified":"2020-07-02T02:01:33","modified_gmt":"2020-07-01T22:01:33","slug":"oil-prices-settle-higher-on-decline-in-us-inventories","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-settle-higher-on-decline-in-us-inventories\/07\/02\/market-updates\/","title":{"rendered":"Oil Prices Settle Higher on Decline in US Inventories"},"content":{"rendered":"\n<p>Oil prices closed higher on Wednesday, after data showed a decline in the United States crude inventories last week.<\/p>\n\n\n\n<p>Brent Crude increased by $0.76 or 1.84% to close at $42.03 per barrel, while the WTI crude futures settled higher by $0.55 or 1.4% at $39.82 a barrel.<\/p>\n\n\n\n<p>The US crude oil inventories decreased by about 7.2 million barrels during the week ended June 26, according to data by the US Energy Information Administration (EIA) released on Wednesday.<\/p>\n\n\n\n<p>This marked the first decline in US oil inventories after three consecutive weekly increases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices closed higher on Wednesday, after data showed a decline in the United States crude inventories last week. Brent Crude increased by $0.76 or 1.84% to close at $42.03 per barrel, while the WTI crude futures settled higher by $0.55 or 1.4% at $39.82 a barrel. The US crude oil inventories decreased by about &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6846],"class_list":["post-30643","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30643"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30643\/revisions"}],"predecessor-version":[{"id":30645,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30643\/revisions\/30645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30644"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}