{"id":39849,"date":"2021-01-14T01:00:00","date_gmt":"2021-01-13T21:00:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39849"},"modified":"2021-01-14T04:00:53","modified_gmt":"2021-01-14T00:00:53","slug":"oil-finishes-lower-following-eias-weekly-report","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-finishes-lower-following-eias-weekly-report\/01\/14\/market-updates\/","title":{"rendered":"Oil Finishes Lower Following EIA\u2019s Weekly Report"},"content":{"rendered":"\n<p>Oil prices closed Wednesday lower after a mixed performance, ending a rising trend that lasted for six consecutive sessions.<\/p>\n\n\n\n<p>The decline in crude prices came amid the rebound of the U.S. Dollar (USD) and a less than expected draw in American crude inventories coupled with a rise in gasoline and distillates stockpiles, according to the weekly report of the U.S. Energy Information Administration (EIA).<\/p>\n\n\n\n<p>Brent crude futures for March delivery lost 52 cents, or 0.9%, to finish at $56.06 per barrel.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) futures for February delivery declined by 30 cents, or 0.6%, to close at $52.91 per barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices closed Wednesday lower after a mixed performance, ending a rising trend that lasted for six consecutive sessions. The decline in crude prices came amid the rebound of the U.S. Dollar (USD) and a less than expected draw in American crude inventories coupled with a rise in gasoline and distillates stockpiles, according to the &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-39849","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\/39849","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=39849"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39849\/revisions"}],"predecessor-version":[{"id":39850,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39849\/revisions\/39850"}],"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=39849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}