{"id":36396,"date":"2020-10-31T00:03:12","date_gmt":"2020-10-30T20:03:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=36396"},"modified":"2020-10-31T00:03:14","modified_gmt":"2020-10-30T20:03:14","slug":"oil-ends-october-at-lowest-level-in-five-months","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-ends-october-at-lowest-level-in-five-months\/10\/31\/market-updates\/","title":{"rendered":"Oil Ends October at Lowest Level in Five Months"},"content":{"rendered":"\n<p>Oil prices declined on Friday to settle at their lowest closing level in about five months, as a negative outlook for the recovery of global demand persists, with uncertainty surrounding the future of output cuts.<\/p>\n\n\n\n<p>Brent crude futures for December delivery declined by 19 cents, or 0.5%, and closed at the level of $37.46 per barrel.<\/p>\n\n\n\n<p>The global benchmark futures for January delivery lost 32 cents, or 0.8%, and finished at $37.94 per barrel.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) futures for December delivery plunged by 38 cents, or nearly 1.1%, and finished at $35.79 per barrel.<\/p>\n\n\n\n<p>For the month, Brent futures lost 8.5%, while the US WTI contract declined by 11%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices declined on Friday to settle at their lowest closing level in about five months, as a negative outlook for the recovery of global demand persists, with uncertainty surrounding the future of output cuts. Brent crude futures for December delivery declined by 19 cents, or 0.5%, and closed at the level of $37.46 per &hellip;<\/p>\n","protected":false},"author":10,"featured_media":34232,"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-36396","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\/36396","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=36396"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36396\/revisions"}],"predecessor-version":[{"id":36397,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/36396\/revisions\/36397"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34232"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=36396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=36396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=36396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}