{"id":37881,"date":"2020-12-01T02:31:02","date_gmt":"2020-11-30T22:31:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=37881"},"modified":"2020-12-01T02:31:04","modified_gmt":"2020-11-30T22:31:04","slug":"oil-gains-27-in-november","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-gains-27-in-november\/12\/01\/market-updates\/","title":{"rendered":"Oil Gains 27% in November"},"content":{"rendered":"\n<p>Oil prices closed lower on Monday, awaiting the OPEC+ decision regarding output cuts.<\/p>\n\n\n\n<p>A decision is expected on Tuesday, although it was reported that the meeting could be delayed to Thursday.<\/p>\n\n\n\n<p>Brent crude futures for February delivery declined by 37 cents, or 0.8%, and settled at $47.88 per barrel.<\/p>\n\n\n\n<p>Meanwhile, January futures decreased by 59 cents, or 1.2%, to close at $47.59 per barrel.<\/p>\n\n\n\n<p>On a monthly basis, the global benchmark\u2019s most active contracts rose by around 27% in November.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) futures for January delivery lost around 19 cents, or 0.4%, to finish at $45.34 a barrel, rising by 26.7% for the month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices closed lower on Monday, awaiting the OPEC+ decision regarding output cuts. A decision is expected on Tuesday, although it was reported that the meeting could be delayed to Thursday. Brent crude futures for February delivery declined by 37 cents, or 0.8%, and settled at $47.88 per barrel. Meanwhile, January futures decreased by 59 &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32271,"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-37881","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\/37881","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=37881"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37881\/revisions"}],"predecessor-version":[{"id":37882,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37881\/revisions\/37882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32271"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=37881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=37881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=37881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}