{"id":33641,"date":"2020-09-05T00:21:21","date_gmt":"2020-09-04T20:21:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33641"},"modified":"2020-09-05T00:21:23","modified_gmt":"2020-09-04T20:21:23","slug":"oil-prices-down-7-in-week-on-stronger-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-down-7-in-week-on-stronger-usd\/09\/05\/market-updates\/","title":{"rendered":"Oil Prices Down 7% in Week on Stronger USD"},"content":{"rendered":"\n<p>Oil prices closed lower on Friday, amid mixed expectations for demand recovery, and a rise for the USD, which decline was seen a support factor for crude prices.<\/p>\n\n\n\n<p>Brent crude futures for November delivery settled lower by $1.41, or 3.2%, at $42.66 per barrel, raising its weekly decline to 6.9%.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) futures for October delivery lost $1.60, or 3.9%, and finished at $39.77 per barrel, falling by 7.5% for the week.<\/p>\n\n\n\n<p>Earlier today, data by Baker Hughes indicated that the number of active oil rigs in the US increased by a single platform to 181 this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices closed lower on Friday, amid mixed expectations for demand recovery, and a rise for the USD, which decline was seen a support factor for crude prices. Brent crude futures for November delivery settled lower by $1.41, or 3.2%, at $42.66 per barrel, raising its weekly decline to 6.9%. Meanwhile, the West Texas Intermediate &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31014,"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-33641","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\/33641","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=33641"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33641\/revisions"}],"predecessor-version":[{"id":33642,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33641\/revisions\/33642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31014"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}