{"id":48317,"date":"2021-07-14T00:09:00","date_gmt":"2021-07-13T20:09:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48317"},"modified":"2021-07-14T05:59:59","modified_gmt":"2021-07-14T01:59:59","slug":"oil-closes-higher-with-nymex-at-highest-since-october-2018","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-closes-higher-with-nymex-at-highest-since-october-2018\/07\/14\/market-updates\/","title":{"rendered":"Oil Closes Higher with Nymex at Highest Since October 2018"},"content":{"rendered":"\n<p>Oil prices rose on Tuesday, despite concerns about the coronavirus Delta variant and uncertainty about the OPEC+ output policy, mainly amid expectations of another drop in crude inventories in the United States.<\/p>\n\n\n\n<p>Brent crude for September delivery rose by $1.33, or 1.77%, to settle at $76.49 per barrel, registering its best closing level since July 5 and the second highest in 2021, with a year-to-date increase of $24.69 or 47.66%.<\/p>\n\n\n\n<p>The West Texas Intermediate futures for August delivery gained $1.15, or 1.55%, to finish at $75.25 per barrel.<\/p>\n\n\n\n<p>This marked the highest settlement for the NYMEX futures since October 3, 2018, bringing the gains of the U.S. Crude benchmark contract to a little over 55% since the beginning of the year.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Tuesday, despite concerns about the coronavirus Delta variant and uncertainty about the OPEC+ output policy, mainly amid expectations of another drop in crude inventories in the United States. Brent crude for September delivery rose by $1.33, or 1.77%, to settle at $76.49 per barrel, registering its best closing level since July &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-48317","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\/48317","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=48317"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48317\/revisions"}],"predecessor-version":[{"id":48318,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48317\/revisions\/48318"}],"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=48317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}