{"id":47583,"date":"2021-06-26T02:36:00","date_gmt":"2021-06-25T22:36:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47583"},"modified":"2021-06-26T06:37:52","modified_gmt":"2021-06-26T02:37:52","slug":"oil-logs-fifth-consecutive-weekly-gains","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-logs-fifth-consecutive-weekly-gains\/06\/26\/market-updates\/","title":{"rendered":"Oil Logs Fifth Consecutive Weekly Gains"},"content":{"rendered":"\n<p>Oil prices rose on Friday, extending gains for the fifth consecutive week due to expectations for demand recovery.<\/p>\n\n\n\n<p>Brent crude futures for August delivery rose by 62 cents, or 0.82%, its biggest rise since June 21, to close at $76.18 per barrel, rising by $2.67, or 3.63% for the week.<\/p>\n\n\n\n<p>This marked the largest increase for the global benchmark\u2019s front-month contract since May 28, as it continues to register a new highest level since October 29, 2018.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) added 75 cents, or 1.02%, to finish at $74.05.<\/p>\n\n\n\n<p>For the week, the Nymex futures rose by 3.87%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Friday, extending gains for the fifth consecutive week due to expectations for demand recovery. Brent crude futures for August delivery rose by 62 cents, or 0.82%, its biggest rise since June 21, to close at $76.18 per barrel, rising by $2.67, or 3.63% for the week. This marked the largest increase &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32221,"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-47583","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\/47583","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=47583"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47583\/revisions"}],"predecessor-version":[{"id":47584,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47583\/revisions\/47584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32221"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}