{"id":288517,"date":"2019-08-23T06:46:56","date_gmt":"2019-08-23T06:46:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=288517"},"modified":"2019-08-23T06:46:56","modified_gmt":"2019-08-23T06:46:56","slug":"oil-dips-amid-economic-concerns-after-u-s-fuel-stocks-build","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-dips-amid-economic-concerns-after-u-s-fuel-stocks-build\/","title":{"rendered":"Oil dips amid economic concerns after U.S. fuel stocks build"},"content":{"rendered":"<p>Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world\u2019s biggest oil consumer. Brent crude futures dropped 9 cents, or 0.2%, to $60.21 a barrel by 0440 GMT on Thursday. West Texas Intermediate (WTI) crude futures were down 2 cents at $55.66 per barrel.<\/p>\n<p>\u201cOil markets continue to move lower after the gloomy surprise build in U.S. fuel inventories,\u201d said Stephen Innes, managing partner at Valour Markets.<\/p>\n<p>U.S. gasoline and distillate stockpiles rose more than expected last week, while crude inventories fell as refineries hiked production, the Energy Information Administration said on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world\u2019s biggest oil consumer. Brent crude futures dropped 9 cents, or 0.2%, to $60.21 a barrel by 0440 GMT on Thursday. West Texas Intermediate (WTI) crude futures were down 2 cents at $55.66 per barrel. \u201cOil markets continue to move lower after the gloomy surprise build in U.S. fuel inventories,\u201d said Stephen Innes, managing partner at Valour Markets. U.S. gasoline and distillate stockpiles rose more than expected last week, while crude [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-288517","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288517","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=288517"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288517\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}