{"id":280386,"date":"2019-07-05T06:07:28","date_gmt":"2019-07-05T06:07:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=280386"},"modified":"2019-07-05T06:07:28","modified_gmt":"2019-07-05T06:07:28","slug":"oil-prices-steady-amid-us-stockpile-drop-opec-supply-cut-extension","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-amid-us-stockpile-drop-opec-supply-cut-extension\/","title":{"rendered":"Oil prices steady amid US stockpile drop, OPEC supply cut extension"},"content":{"rendered":"<p>Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.<\/p>\n<p>Prices were also supported by widely-watched data showing a larger-than-expected drawdown in U.S. crude oil inventories, with government data due later in the day.<\/p>\n<p>Brent crude futures for September delivery were trading up 12 cents, or 0.2%, at $62.52 a barrel by 0613 GMT.<\/p>\n<p>U.S. crude futures for August were up 16 cents, or 0.3%, at $56.41 a barrel. Both benchmarks fell more than 4% on Tuesday as worries about a slowing global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand. Prices were also supported by widely-watched data showing a larger-than-expected drawdown in U.S. crude oil inventories, with government data due later in the day. Brent crude futures for September delivery were trading up 12 cents, or 0.2%, at $62.52 a barrel by 0613 GMT. U.S. crude futures for August were up 16 cents, or 0.3%, at $56.41 a barrel. Both benchmarks fell more than 4% on [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-280386","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=280386"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280386\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=280386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=280386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=280386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}