{"id":343546,"date":"2023-07-17T08:24:16","date_gmt":"2023-07-17T03:24:16","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=343546"},"modified":"2023-07-17T08:24:16","modified_gmt":"2023-07-17T03:24:16","slug":"oil-extends-upside-by-2pc-for-third-straight-week","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/oil-extends-upside-by-2pc-for-third-straight-week\/","title":{"rendered":"Oil extends upside by 2pc for third straight week"},"content":{"rendered":"<p>ISLAMABAD: Oil futures extended the upside for the third week in a row with a weekly gain of around 2 percent, underpinned by supply disruptions and a tightening global market. Both major global benchmarks Brent and West Texas Intermediate (WTI) ended the week higher, with Brent gaining 1.78 percent and WTI going up by 2.11 percent. Brent, the international benchmark for two-thirds of the world\u2019s oil, rose to $79.87 from $78.47 a barrel, showing a gain of $1.40 on a week-on-week (WoW) basis. The WTI, the main oil benchmark for North America, edged up to $75.42 from $73.86 a barrel on a weekly basis, registering a weekly gain of $1.56. Similarly, the price of Russian Sokol increased by $3.99 (+5.87 percent) to $71.96 from $67.97 on WoW basis.  TLTP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Oil futures extended the upside for the third week in a row with a weekly gain of around 2 percent, underpinned by supply disruptions and a tightening global market. Both major global benchmarks Brent and West Texas Intermediate (WTI) ended the week higher, with Brent gaining 1.78 percent and WTI going up by 2.11 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-343546","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oil extends upside by 2pc for third straight week<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/oil-extends-upside-by-2pc-for-third-straight-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil extends upside by 2pc for third straight week\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: Oil futures extended the upside for the third week in a row with a weekly gain of around 2 percent, underpinned by supply disruptions and a tightening global market. Both major global benchmarks Brent and West Texas Intermediate (WTI) ended the week higher, with Brent gaining 1.78 percent and WTI going up by 2.11 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/oil-extends-upside-by-2pc-for-third-straight-week\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-17T03:24:16+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" 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