{"id":6665,"date":"2021-03-11T21:37:54","date_gmt":"2021-03-11T20:37:54","guid":{"rendered":"https:\/\/thedailyleaks.com\/?p=6665"},"modified":"2021-03-11T21:44:34","modified_gmt":"2021-03-11T20:44:34","slug":"oil-prices-rise-amid-signs-of-increasing-us-demand","status":"publish","type":"post","link":"https:\/\/thedailyleaks.com\/oil-prices-rise-amid-signs-of-increasing-us-demand\/","title":{"rendered":"Oil prices rise amid signs of increasing US demand"},"content":{"rendered":"

Crude oil prices traded in positive territory early on Thursday, buoyed by signs of supply tightness with a return of US demand, a weakening US dollar and optimism that president Joe Biden\u2019s USD 1.9trn coronavirus relief package will accelerate economic recovery.<\/p>\n

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The front-month contract for Brent crude North Sea oil traded last up USD 0.25 at USD 68.15\/bbl on Ice Futures, while the WTI equivalent was USD 0.27 higher on the day at USD 64.71\/bbl, Montel<\/a> said.<\/p>\n

ALSO READ:\u00a0Our solar power initiative is a game changer, Osinbajo says<\/a><\/strong><\/p>\n

Biden\u2019s USD 1.9trn relief bill, the latest Covid-19 stimulus package in the world’s biggest oil-consuming nation, cleared its final hurdle in Congress late on Wednesday and is expected to be signed.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crude oil prices traded in positive territory early on Thursday, buoyed by signs of supply tightness with a return of US demand, a weakening US dollar and optimism that president Joe Biden\u2019s USD 1.9trn coronavirus […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":6666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,3,2,7],"tags":[1403,1402,36],"coauthors":[25],"class_list":{"0":"post-6665","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-latest-news","9":"category-top-news","10":"category-world","11":"tag-brent","12":"tag-cride-oil","13":"tag-us"},"yoast_head":"\nOil prices rise amid signs of increasing US demand - The Daily Leaks<\/title>\n<meta name=\"description\" content=\"With a weakening US dollar and optimism that president Joe Biden\u2019s USD 1.9trn coronavirus relief package will accelerate economic recovery...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyleaks.com\/oil-prices-rise-amid-signs-of-increasing-us-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil prices rise amid signs of increasing US demand - 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