{"id":48759,"date":"2021-07-27T05:51:35","date_gmt":"2021-07-27T01:51:35","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48759"},"modified":"2021-07-27T05:51:36","modified_gmt":"2021-07-27T01:51:36","slug":"oil-recovers-from-most-losses-amid-positive-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-recovers-from-most-losses-amid-positive-expectations\/07\/27\/market-updates\/","title":{"rendered":"Oil Recovers from Most Losses amid Positive Expectations"},"content":{"rendered":"\n<p>Oil prices recovered from most of its earlier losses on Monday, but showed a mixed performance, with continuous concerns about recovery and the sustainability of production policies.<\/p>\n\n\n\n<p>However, most expectations are leaning towards a tight supply until the end of the year.<\/p>\n\n\n\n<p>In addition, markets are focusing on the coming Federal Reserve policy meeting.<\/p>\n\n\n\n<p>Today, the global benchmark Brent crude futures for September delivery added 40 cents, or 0.54%, to close at $74.50 per barrel, maintaining an upward trend for the fifth consecutive session and reaching its highest level since July 14.<\/p>\n\n\n\n<p>Meanwhile, the West Texas Intermediate (WTI) futures Front lost 16 cents or 0.22% to finish at $71.91 per barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices recovered from most of its earlier losses on Monday, but showed a mixed performance, with continuous concerns about recovery and the sustainability of production policies. However, most expectations are leaning towards a tight supply until the end of the year. In addition, markets are focusing on the coming Federal Reserve policy meeting. Today, &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-48759","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\/48759","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=48759"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48759\/revisions"}],"predecessor-version":[{"id":48760,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48759\/revisions\/48760"}],"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=48759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}