{"id":39492,"date":"2021-01-06T23:30:00","date_gmt":"2021-01-06T19:30:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39492"},"modified":"2021-01-07T04:27:33","modified_gmt":"2021-01-07T00:27:33","slug":"oil-closes-at-highest-level-in-11-months","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-closes-at-highest-level-in-11-months\/01\/06\/market-updates\/","title":{"rendered":"Oil Closes at Highest Level in 11 Months"},"content":{"rendered":"\n<p>Oil prices rose on Wednesday, after data showed a big drop in U.S. crude inventories last week, and on the back of the recent OPEC+ agreement to reduce production levels.<\/p>\n\n\n\n<p>Brent crude futures for March delivery rose by 70 cents, or 1.3%, to finish at $54.30 per barrel.<\/p>\n\n\n\n<p>Meanwhile, the U.S. West Texas Intermediate (WTI) crude futures for February delivery gained 70 cents, or 1.4%, to close at $50.63 per barrel.<\/p>\n\n\n\n<p>This is the highest closing level for oil futures since last February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Wednesday, after data showed a big drop in U.S. crude inventories last week, and on the back of the recent OPEC+ agreement to reduce production levels. Brent crude futures for March delivery rose by 70 cents, or 1.3%, to finish at $54.30 per barrel. Meanwhile, the U.S. West Texas Intermediate (WTI) &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32066,"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-39492","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\/39492","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=39492"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39492\/revisions"}],"predecessor-version":[{"id":39493,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39492\/revisions\/39493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32066"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}