{"id":47803,"date":"2021-07-01T12:40:04","date_gmt":"2021-07-01T08:40:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47803"},"modified":"2021-07-01T12:40:06","modified_gmt":"2021-07-01T08:40:06","slug":"oil-prices-rise-ahead-of-opec-decision-to-cut-supplies","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-rise-ahead-of-opec-decision-to-cut-supplies\/07\/01\/market-updates\/","title":{"rendered":"Oil Prices Rise Ahead of OPEC+ Decision to Cut Supplies"},"content":{"rendered":"\n<p>Oil prices rose on Thursday, July 1, buoyed by falling US inventories, as investors awaited a decision from major producers on whether to maintain or ease supply cuts in the second half of the year.<\/p>\n\n\n\n<p>Brent crude for September delivery gained 15 cents, or 0.2%, to $74.77 a barrel, while US West Texas Intermediate crude for August delivery reached $73.69 a barrel, up 22 cents, or 0.3%.<\/p>\n\n\n\n<p>WTI rose more than 10% in June, while Brent added more than 8%, touching its highest levels since October 2018, as more people receive the vaccine against Covid-19 and travel improves in the summer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Thursday, July 1, buoyed by falling US inventories, as investors awaited a decision from major producers on whether to maintain or ease supply cuts in the second half of the year. Brent crude for September delivery gained 15 cents, or 0.2%, to $74.77 a barrel, while US West Texas Intermediate crude &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44870,"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-47803","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\/47803","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=47803"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47803\/revisions"}],"predecessor-version":[{"id":47804,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47803\/revisions\/47804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44870"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}