{"id":33807,"date":"2020-09-10T10:38:47","date_gmt":"2020-09-10T06:38:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33807"},"modified":"2020-09-10T10:38:49","modified_gmt":"2020-09-10T06:38:49","slug":"oil-prices-rising-from-a-3-month-low-demand-concerns-remain","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-rising-from-a-3-month-low-demand-concerns-remain\/09\/10\/market-updates\/","title":{"rendered":"Oil prices Rising From a 3-Month Low, Demand Concerns Remain"},"content":{"rendered":"\n<p>Oil futures rose again on Wednesday to compensate for some of the losses of the previous session, but the renewed growth of Covid-19 infections in some countries undermined hopes for a steady recovery of global demand.<\/p>\n\n\n\n<p>Brent crude advanced $ 1.01, equivalent to 2.5%, to be settled at $40.79 a barrel. The benchmark lost more than 5% on Tuesday, falling below $40 for the first time since June.<\/p>\n\n\n\n<p>US crude rose $1.29, or 3.5%, to close at $38.05 a barrel, after dropping nearly eight% in the previous session.<\/p>\n\n\n\n<p>That raised the two benchmarks from Tuesday&#8217;s levels, near the lowest price in three months. Prices fell this week after the Saudi national oil company Aramco reduced the official selling prices for its Arab crude<br>Light in October, which is an indication of weak demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures rose again on Wednesday to compensate for some of the losses of the previous session, but the renewed growth of Covid-19 infections in some countries undermined hopes for a steady recovery of global demand. Brent crude advanced $ 1.01, equivalent to 2.5%, to be settled at $40.79 a barrel. The benchmark lost more &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32221,"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-33807","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\/33807","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=33807"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33807\/revisions"}],"predecessor-version":[{"id":33808,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33807\/revisions\/33808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32221"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}