{"id":50986,"date":"2021-09-17T15:44:15","date_gmt":"2021-09-17T11:44:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=50986"},"modified":"2021-09-17T15:44:21","modified_gmt":"2021-09-17T11:44:21","slug":"oil-settles-above-75-after-slow-return-of-us-supplies","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-settles-above-75-after-slow-return-of-us-supplies\/09\/17\/market-updates\/","title":{"rendered":"Oil Settles Above $75 After Slow Return of US Supplies"},"content":{"rendered":"\n<p>Oil prices fell on Friday, September 17, but settled above $75 a barrel and remained on track for a weekly gain of more than 3 percent thanks to a slow recovery in US production after two hurricanes in the Gulf of Mexico.<\/p>\n\n\n\n<p>Brent crude futures fell 27 cents, or 0.36 percent, to $75.40 a barrel, after rising 21 cents yesterday.<\/p>\n\n\n\n<p>West Texas Intermediate crude futures fell 39 cents, or 0.54 percent, to $ 72.22, after settling unchanged in the previous session.<\/p>\n\n\n\n<p>The dollar rose to a three-week high on Friday, making dollar-denominated crude oil imports more expensive for countries using other currencies.<\/p>\n\n\n\n<p>And 28 percent of US crude production in the Gulf of Mexico was still suspended as of Thursday, two and a half weeks after Hurricane Ida.<\/p>\n\n\n\n<p>Meanwhile, preliminary data from the US Energy Information Administration showed that US crude exports in September fell to between 2.34 and 2.62 million barrels per day from 3 million barrels per day in late August.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Friday, September 17, but settled above $75 a barrel and remained on track for a weekly gain of more than 3 percent thanks to a slow recovery in US production after two hurricanes in the Gulf of Mexico. Brent crude futures fell 27 cents, or 0.36 percent, to $75.40 a barrel, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34232,"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-50986","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\/50986","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=50986"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50986\/revisions"}],"predecessor-version":[{"id":50987,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50986\/revisions\/50987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34232"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=50986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=50986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=50986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}