{"id":48190,"date":"2021-07-09T23:14:00","date_gmt":"2021-07-09T19:14:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48190"},"modified":"2021-07-10T09:46:02","modified_gmt":"2021-07-10T05:46:02","slug":"oil-rebounds-for-second-day-but-logs-weekly-losses","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-rebounds-for-second-day-but-logs-weekly-losses\/07\/09\/market-updates\/","title":{"rendered":"Oil Rebounds for Second Day but Logs Weekly Losses"},"content":{"rendered":"\n<p>Oil prices continued to rise on Friday for the second consecutive session, as the recent drop in U.S. crude inventories provided support to the outlook despite uncertainty about the OPEC+ agreement, but couldn\u2019t recover all of its weekly losses.<\/p>\n\n\n\n<p>Brent Crude futures for September delivery rose $1.43, or 1.93%, to finish at $75.55 per barrel.<\/p>\n\n\n\n<p>For the week, the global benchmark front-month futures fell by 62 cents, or 0.81%, marking its biggest weekly loss since May 21.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) Crude futures for August delivery gained $1.62, or 2.22%, to close at $74.56 a barrel, losing 60 cents or 0.80% for the week.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices continued to rise on Friday for the second consecutive session, as the recent drop in U.S. crude inventories provided support to the outlook despite uncertainty about the OPEC+ agreement, but couldn\u2019t recover all of its weekly losses. Brent Crude futures for September delivery rose $1.43, or 1.93%, to finish at $75.55 per barrel. &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31093,"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-48190","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\/48190","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=48190"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48190\/revisions"}],"predecessor-version":[{"id":48191,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48190\/revisions\/48191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31093"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}