{"id":288021,"date":"2019-08-21T05:31:30","date_gmt":"2019-08-21T05:31:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=288021"},"modified":"2019-08-21T05:31:30","modified_gmt":"2019-08-21T05:31:30","slug":"oil-falls-but-losses-capped-by-hopes-of-easing-trade-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-but-losses-capped-by-hopes-of-easing-trade-tensions\/","title":{"rendered":"Oil falls but losses capped by hopes of easing trade tensions"},"content":{"rendered":"<p>LONDON: Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown. <\/p>\n<p>Brent crude was down 51 cents at $59.23 a barrel by 1339 GMT, while U.S. crude was down 73 cents at $55.48 a barrel. Both contracts had traded in positive territory earlier in the session. <\/p>\n<p>The United States said it would extend a reprieve that permits China&#8217;s Huawei Technologies to buy components from U.S. companies, signalling a slight softening of the trade conflict between the world&#8217;s two largest economies. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown. Brent crude was down 51 cents at $59.23 a barrel by 1339 GMT, while U.S. crude was down 73 cents at $55.48 a barrel. Both contracts had traded in positive territory earlier in the session. The United States said it would extend a reprieve that permits China&#8217;s Huawei Technologies to buy components from U.S. companies, signalling a slight softening of the trade [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-288021","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288021","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=288021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}