{"id":41163,"date":"2021-02-09T03:01:14","date_gmt":"2021-02-08T23:01:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41163"},"modified":"2021-02-09T03:01:16","modified_gmt":"2021-02-08T23:01:16","slug":"oil-prices-rise-again-with-brent-exceeding-60-per-barrel","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-rise-again-with-brent-exceeding-60-per-barrel\/02\/09\/market-updates\/","title":{"rendered":"Oil Prices Rise Again with Brent Exceeding $60 per Barrel"},"content":{"rendered":"\n<p>Oil prices continued to rise on Monday, with the global benchmark crude reaching the $60 a barrel level for the first time in about a year.<\/p>\n\n\n\n<p>This comes amid the commitment of the OPEC+ alliance to output curbs, improved expectations for the recovery of global demand, and anticipation for a new stimulus bill in the United States.<\/p>\n\n\n\n<p>Brent crude futures for April delivery rose by $1.22, or 2.1%, and finished at $60.56 per barrel, its highest level since January 24 of last year.<\/p>\n\n\n\n<p>This the seventh consecutive session for the global benchmark crude most active contracts to close in gains.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) crude futures for March delivery added $1.12, or 2%, and closed at $57.97 per barrel, its highest closing level since January 21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices continued to rise on Monday, with the global benchmark crude reaching the $60 a barrel level for the first time in about a year. This comes amid the commitment of the OPEC+ alliance to output curbs, improved expectations for the recovery of global demand, and anticipation for a new stimulus bill in the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31782,"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-41163","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\/41163","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=41163"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41163\/revisions"}],"predecessor-version":[{"id":41164,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41163\/revisions\/41164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31782"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}