{"id":37598,"date":"2020-11-24T14:03:46","date_gmt":"2020-11-24T10:03:46","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=37598"},"modified":"2020-11-24T14:03:48","modified_gmt":"2020-11-24T10:03:48","slug":"brent-rises-to-highest-level-since-march","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/brent-rises-to-highest-level-since-march\/11\/24\/market-updates\/","title":{"rendered":"Brent Rises to Highest Level Since March"},"content":{"rendered":"\n<p>Brent crude prices reached their highest levels since March, as news of a promising third Coronavirus vaccine supported hopes for a faster recovery in oil demand, while US President-elect Joe Biden received the green light to start the transition process for his leadership.<\/p>\n\n\n\n<p>By 07:44 GMT, Brent crude futures increased 45 cents a barrel, equivalent to 1%, to $ 46.51 a barrel, and US West Texas Intermediate crude rose 46 cents, or 1.1%, to $ 43.52 a barrel.<\/p>\n\n\n\n<p>Earlier in the day, Brent rose to a session high of $ 46.65, the highest price traded since early March, before Saudi Arabia beat the drums of a price war with Russia, which led to the collapse of oil prices.<\/p>\n\n\n\n<p>Both benchmarks were settled up nearly 2% on Monday, after an increase of nearly 5% last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent crude prices reached their highest levels since March, as news of a promising third Coronavirus vaccine supported hopes for a faster recovery in oil demand, while US President-elect Joe Biden received the green light to start the transition process for his leadership. By 07:44 GMT, Brent crude futures increased 45 cents a barrel, equivalent &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33469,"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-37598","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\/37598","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=37598"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37598\/revisions"}],"predecessor-version":[{"id":37599,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37598\/revisions\/37599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33469"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=37598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=37598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=37598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}