{"id":38349,"date":"2020-12-09T13:18:21","date_gmt":"2020-12-09T09:18:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=38349"},"modified":"2020-12-09T13:18:28","modified_gmt":"2020-12-09T09:18:28","slug":"oil-is-rising-and-hopes-for-the-vaccine-suggest-an-increase-in-us-stocks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-is-rising-and-hopes-for-the-vaccine-suggest-an-increase-in-us-stocks\/12\/09\/market-updates\/","title":{"rendered":"Oil is Rising, And Hopes For The Vaccine Suggest an Increase in US Stocks"},"content":{"rendered":"\n<p>Oil prices rose on Wednesday, December 9th, to reduce crude losses incurred earlier, amid positive news about Covid-19 vaccines that boosted investors&#8217; hopes for a recovery in fuel demand, which overshadowed concern about an unexpected jump in US oil stocks last week.<\/p>\n\n\n\n<p>Brent crude rose 11 cents, equivalent to 0.2%, to $ 48.95 a barrel after gaining five cents yesterday. US West Texas Intermediate crude rose 9 cents, equivalent to 0.2%, to $ 45.69, after losing 16 cents on Tuesday.<\/p>\n\n\n\n<p>The American Petroleum Institute said yesterday that crude, gasoline and derivatives inventories increased significantly last month, and crude stocks jumped 1.14 million barrels, compared to analysts&#8217; expectations, a decrease of 1.42 million barrels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Wednesday, December 9th, to reduce crude losses incurred earlier, amid positive news about Covid-19 vaccines that boosted investors&#8217; hopes for a recovery in fuel demand, which overshadowed concern about an unexpected jump in US oil stocks last week. Brent crude rose 11 cents, equivalent to 0.2%, to $ 48.95 a barrel &hellip;<\/p>\n","protected":false},"author":9,"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-38349","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\/38349","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=38349"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38349\/revisions"}],"predecessor-version":[{"id":38350,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/38349\/revisions\/38350"}],"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=38349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=38349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=38349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}