{"id":9097,"date":"2023-05-15T18:25:50","date_gmt":"2023-05-15T22:25:50","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-futures-end-higher-for-the-first-time-in-4-sessions\/"},"modified":"2023-05-15T18:25:51","modified_gmt":"2023-05-15T22:25:51","slug":"oil-futures-end-higher-for-the-first-time-in-4-sessions","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=9097","title":{"rendered":"Oil futures end higher for the first time in 4 sessions"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002056514\" role=\"document\">\n<p>U.S. and global benchmark crude-oil prices posted a gain on Monday for the first time in four trading sessions. The U.S. debt-ceiling negotiations stand out as a significant risk for global crude prices, both due to the potential for broader economic consequences as well as the importance of the U.S. dollar\u2019s value on crude pricing,\u201d said Robbie Fraser, manager, global research and analytics, at Schneider Electric. Still, optimism over a debt-ceiling deal, as well as the potential repurchase of oil for the U.S. Strategic Petroleum Reserve provided support for oil. June West Texas Intermediate crude<br \/>\n        CLM23,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209724952\/delayed\" class=\"positive\">+0.46%<\/bg-quote><br \/>\n       rose $1.07, or 1.5%, to settle at $71.11 a barrel on the New York Mercantile Exchange.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-futures-end-higher-for-the-first-time-in-4-sessions-25e01d68?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. and global benchmark crude-oil prices posted a gain on Monday for the first time in four trading sessions. The U.S. debt-ceiling negotiations stand out as a significant risk for global crude prices, both due to the potential for broader economic consequences as well as the importance of the U.S. dollar\u2019s value on crude pricing,\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-9097","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil futures end higher for the first time in 4 sessions | iFintechWorld<\/title>\n<meta name=\"description\" content=\"U.S. and global benchmark crude-oil prices posted a gain on Monday for the first time in four trading sessions. 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