{"id":47321,"date":"2021-06-22T12:44:26","date_gmt":"2021-06-22T08:44:26","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47321"},"modified":"2021-06-22T12:44:27","modified_gmt":"2021-06-22T08:44:27","slug":"oil-rises-on-optimism-about-a-quick-recovery-in-global-demand","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-rises-on-optimism-about-a-quick-recovery-in-global-demand\/06\/22\/market-updates\/","title":{"rendered":"Oil Rises on Optimism About a Quick Recovery in Global Demand"},"content":{"rendered":"\n<p>Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained optimistic about a quick recovery in global oil demand and as concerns eased about an early return of Iranian crude.<\/p>\n\n\n\n<p>Brent crude futures for August delivery rose 29 cents, or 0.4%, to $75.19 a barrel, offsetting losses incurred earlier. The contracts rose to $75.27 a barrel, the strongest since April 25, 2019, earlier in the session.<\/p>\n\n\n\n<p>US West Texas Intermediate crude futures for July delivery were $73.66 a barrel, unchanged from the previous session.<\/p>\n\n\n\n<p>Contracts for August delivery rose 0.2%, to $73.25 a barrel.<\/p>\n\n\n\n<p>Brent gained 1.9% and West Texas Intermediate crude jumped 2.8% on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained optimistic about a quick recovery in global oil demand and as concerns eased about an early return of Iranian crude. Brent crude futures for August delivery rose 29 cents, or 0.4%, to $75.19 &hellip;<\/p>\n","protected":false},"author":9,"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-47321","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\/47321","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=47321"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47321\/revisions"}],"predecessor-version":[{"id":47322,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47321\/revisions\/47322"}],"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=47321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}