{"id":88720,"date":"2018-08-23T03:15:32","date_gmt":"2018-08-23T03:15:32","guid":{"rendered":"http:\/\/www.bnreport.com\/us-oil-extends-gains-after-crude-inventories-fall\/"},"modified":"2018-08-23T03:15:32","modified_gmt":"2018-08-23T03:15:32","slug":"us-oil-extends-gains-after-crude-inventories-fall","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/","title":{"rendered":"US oil extends gains after crude inventories fall"},"content":{"rendered":"<p>SINGAPORE: US  <a href=\"https:\/\/economictimes.indiatimes.com\/oil-india-ltd\/stocks\/companyid-4547.cms\" rel=\"noreferrer\" target=\"_blank\">oil<\/a> edged up on Thursday to extend gains from the previous session, lifted by a decline in US commercial crude inventories, while international crude markets were weaker due to the trade dispute between the United States and China. <\/p>\n<p>US <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/West-Texas-Intermediate\" rel=\"noreferrer\" target=\"_blank\">West Texas Intermediate<\/a> (WTI) crude futures were at $67.90 per barrel at 0118 GMT, up 4 cents from their last settlement. That followed a 3 per cent jump the previous session. <\/p>\n<p>&quot; Oil prices jumped overnight as inventories drew down more than expected,&quot; said William O&#039;Loughlin, investment analyst at Australia&#039;s Rivkin Securities. <\/p>\n<p>US commercial crude  oil inventories fell by 5.8 million barrels in the week to Aug. 17 to 408.36 million barrels, the Energy Information Administration (EIA) said on Wednesday. <\/p>\n<p>International markets were weaker as the ongoing trade spat between the United States and China was seen as a drag on economic growth. <\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Brent-crude\" rel=\"noreferrer\" target=\"_blank\">Brent crude<\/a>  oil futures were at $74.65 per barrel, down 13 cents from their last close. <\/p>\n<p>US and Chinese officials this week met for the first time in over two months to resolve the deepening trade conflict, so far without result, with the latest round of US tariffs due to be implemented on Thursday. <\/p>\n<p>On the supply side, US crude  oil production &lt;C-OUT-T-EIA&gt; rose back to 11 million barrels per day, the EIA report said. <\/p>\n<p>That means the world&#039;s three top producers, <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Russia\" rel=\"noreferrer\" target=\"_blank\">Russia<\/a>, the United States and <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/Saudi-Arabia\" rel=\"noreferrer\" target=\"_blank\">Saudi Arabia<\/a>, now all churn out around 11 million bpd, meeting a third of global demand. <\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\/\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/commodities\/news\/u-s-oil-extends-gains-after-crude-inventories-fall\/articleshow\/65509125.cms\" rel=\"noreferrer\" target=\"_blank\">Original Article<\/a><\/p>\n<p>[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/img.etimg.com\/photo\/60278104.cms\"\/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: US oil edged up on Thursday to extend gains from ..<\/p>\n","protected":false},"author":1,"featured_media":88721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-88720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US oil extends gains after crude inventories fall - Business News Report<\/title>\n<meta name=\"description\" content=\"SINGAPORE: US oil edged up on Thursday to extend gains from ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US oil extends gains after crude inventories fall - Business News Report\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE: US oil edged up on Thursday to extend gains from ..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-23T03:15:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1070\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"US oil extends gains after crude inventories fall\",\"datePublished\":\"2018-08-23T03:15:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/\"},\"wordCount\":258,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/photo-6-7.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/\",\"name\":\"US oil extends gains after crude inventories fall - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/photo-6-7.jpg\",\"datePublished\":\"2018-08-23T03:15:32+00:00\",\"description\":\"SINGAPORE: US oil edged up on Thursday to extend gains from ..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/photo-6-7.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/photo-6-7.jpg\",\"width\":1070,\"height\":580},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/us-oil-extends-gains-after-crude-inventories-fall\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US oil extends gains after crude inventories fall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US oil extends gains after crude inventories fall - Business News Report","description":"SINGAPORE: US oil edged up on Thursday to extend gains from ..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/","og_locale":"en_US","og_type":"article","og_title":"US oil extends gains after crude inventories fall - Business News Report","og_description":"SINGAPORE: US oil edged up on Thursday to extend gains from ..","og_url":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-08-23T03:15:32+00:00","og_image":[{"width":1070,"height":580,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"US oil extends gains after crude inventories fall","datePublished":"2018-08-23T03:15:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/"},"wordCount":258,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/","url":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/","name":"US oil extends gains after crude inventories fall - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg","datePublished":"2018-08-23T03:15:32+00:00","description":"SINGAPORE: US oil edged up on Thursday to extend gains from ..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/08\/photo-6-7.jpg","width":1070,"height":580},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/us-oil-extends-gains-after-crude-inventories-fall\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"US oil extends gains after crude inventories fall"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/88720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=88720"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/88720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/88721"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=88720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=88720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=88720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}