{"id":169194,"date":"2026-01-08T14:21:48","date_gmt":"2026-01-08T07:21:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-rise-after-us-inventory-draw-venezuela-in-focus\/"},"modified":"2026-01-08T21:48:42","modified_gmt":"2026-01-08T14:48:42","slug":"oil-prices-rise-after-us-inventory-draw-venezuela-in-focus","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-rise-after-us-inventory-draw-venezuela-in-focus\/","title":{"rendered":"Oil prices rise after US inventory draw, Venezuela in focus"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/Oil-field-near-Lake-Maracaib-1000x667-1.jpg?fit=1000%2C667&amp;ssl=1\" width=\"1000\" height=\"667\">&#013;<\/p>\n<p>Brent crude futures\u00a0LCOc1\u00a0climbed 24\u00a0cents, or 0.40%,\u00a0to $60.20\u00a0a barrel by 0343\u00a0GMT, while U.S. West Texas Intermediate crude\u00a0CLc1\u00a0was at $56.21\u00a0a barrel, up 22\u00a0cents, or 0.39%<br \/>\nThe post Oil prices rise after US inventory draw, Venezuela in focus appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/markets\/market-data\/markets-commodities\/oil-prices-rise-after-us-inventory-draw-venezuela-in-focus\" target=\"_blank\" rel=\"noopener\">Oil prices rise after US inventory draw, Venezuela in focus<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Brent crude futures\u00a0LCOc1\u00a0climbed 24\u00a0cents, or 0.40%,\u00a0to $60.20\u00a0a barrel by 0343\u00a0GMT, while U.S. West Texas Intermediate&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":169195,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-169194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/Oil-field-near-Lake-Maracaib-1000x667-1.jpg?fit=1000%2C667&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-I0W","jetpack-related-posts":[{"id":169027,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-slips-after-trump-says-venezuela-will-send-up-to-50-million-barrels-to-the-us\/","url_meta":{"origin":169194,"position":0},"title":"Oil slips after Trump says Venezuela will send up to 50 million barrels to the US","date":"January 7, 2026","format":false,"excerpt":"\r This comes after American Petroleum Institute figures showed a decline of 2.77 million barrel in US crude oil inventories last week The post Oil slips after Trump says Venezuela will send up to 50 million barrels to the US appeared first on Arabian Business: Latest News on the Middle\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/Venezuela-oil-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":23583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-five-important-things-in-business-right-now\/","url_meta":{"origin":169194,"position":1},"title":"The five important things in business right now","date":"August 22, 2016","format":false,"excerpt":"\r Here's what you need to know in UAE business and globally on this Monday morning.\u2022 End of the oil bull marketOil fell after the longest run of gains in four years as Iraq seeks to increase exports amid a global overhang of crude inventories and as Nigerian militants call\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-plunge-over-2-as-opec-accelerates-output-hikes\/","url_meta":{"origin":169194,"position":2},"title":"Oil prices plunge over $2 as OPEC+ accelerates output hikes","date":"May 5, 2025","format":false,"excerpt":"\r Brent crude futures dropped 3.61 per cent, to $59.08 a barrel, while US West Texas Intermediate crude was at $56.00 a barrel, down by 3.93 per cent\r \r Source : arabianbusiness.com\r Read more...Oil prices plunge over as OPEC+ accelerates output hikes","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/oilfield-derrick-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":128666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-fall-on-weaker-growth-in-china-and-property-downturn\/","url_meta":{"origin":169194,"position":3},"title":"Oil prices fall on weaker growth in China and property downturn","date":"August 16, 2022","format":false,"excerpt":"\r Lockdown stance helps to push Brent crude to lowest level since Russia\u2019s invasion of UkraineGlobal oil prices have dropped amid concerns over weaker growth in the Chinese economy caused by repeated Covid lockdowns and a downturn in the property sector.A barrel of Brent crude fell by about 5% to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168815,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/venezuelas-oil-supply-to-rise-in-years-ahead-and-depress-prices-analysts\/","url_meta":{"origin":169194,"position":4},"title":"Venezuela\u2019s oil supply to rise in years ahead and depress prices \u2013 analysts","date":"January 5, 2026","format":false,"excerpt":"\r Analysts predict Venezuelan crude production could reach 2.5 million barrels per day over the next decade following the US seizure of President Maduro, potentially weighing on global oil prices The post Venezuela\u2019s oil supply to rise in years ahead and depress prices \u2013 analysts appeared first on Arabian Business:\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/Venezuela-Oil-and-Gas-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":36682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-petrol-prices-set-to-rise-after-opec-deal\/","url_meta":{"origin":169194,"position":5},"title":"UK petrol prices set to rise after Opec deal","date":"December 1, 2016","format":false,"excerpt":"\r Surge in oil price could add up to \u00a35 to cost of filling up a family car and push up household energy billsPetrol prices in Britain are set to rise after the Saudi-led Opec cartel agreed its first production cut in eight years, sending the price of oil surging.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/169194"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=169194"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/169194\/revisions"}],"predecessor-version":[{"id":169196,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/169194\/revisions\/169196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/169195"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=169194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=169194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=169194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}