{"id":33486,"date":"2020-09-02T14:52:44","date_gmt":"2020-09-02T10:52:44","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33486"},"modified":"2020-09-02T14:52:56","modified_gmt":"2020-09-02T10:52:56","slug":"oil-rises-on-hopes-of-recovery","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-rises-on-hopes-of-recovery\/09\/02\/market-updates\/","title":{"rendered":"Oil Rises on Hopes of Recovery"},"content":{"rendered":"\n<p>Crude oil futures continued their gains Wednesday, September 2, after an exceed-expectations withdrawal from crude inventories in the United States and strong activity by American and Chinese factories fueled optimism about the recovery from the Coronavirus pandemic and boosted investors&#8217; appetite for risk.<\/p>\n\n\n\n<p>Brent crude futures rose 45 cents to $ 46.03 a barrel by 05:59 GMT, rising for a third day. US West Texas Intermediate crude futures rose 43 cents to $ 43.19, after gaining 15 cents the previous day.<\/p>\n\n\n\n<p>The American Petroleum Institute said crude inventories in the United States fell by 6.4 million barrels in the week to August 28 to 501.2 million barrels, beating analysts&#8217; expectations for a 1.9 million barrel drop. Gasoline inventories decreased by 5.8 million barrels, more than analysts&#8217; estimates, a decrease of 3 million barrels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil futures continued their gains Wednesday, September 2, after an exceed-expectations withdrawal from crude inventories in the United States and strong activity by American and Chinese factories fueled optimism about the recovery from the Coronavirus pandemic and boosted investors&#8217; appetite for risk. Brent crude futures rose 45 cents to $ 46.03 a barrel by &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30928,"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-33486","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\/33486","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33486"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33486\/revisions"}],"predecessor-version":[{"id":33487,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33486\/revisions\/33487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30928"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}