{"id":296227,"date":"2019-10-15T12:25:30","date_gmt":"2019-10-15T06:55:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296227"},"modified":"2019-10-15T12:25:30","modified_gmt":"2019-10-15T06:55:30","slug":"oil-falls-due-to-caution-over-first-phase-of-us-china-trade-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-due-to-caution-over-first-phase-of-us-china-trade-deal\/","title":{"rendered":"Oil falls due to caution over first phase of US-China trade deal"},"content":{"rendered":"<p>LONDON: Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a US-Sino thaw that had helped lift crude markets by 2 per cent at the end of last week.<\/p>\n<p>Brent crude fell 46 cents to $60.05 a barrel by 0840 GMT, while US West Texas Intermediate (WTI) crude lost 40 cents at $54.30 a barrel. Both were down 0.7 per cent.<\/p>\n<p>Late on Friday, the United States and China outlined the first stage of a trade deal and suspended this week&#8217;s scheduled US tariff hikes. But existing tariffs remain in place and officials on both sides said much more work was needed before an accord could be agreed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices fell on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a US-Sino thaw that had helped lift crude markets by 2 per cent at the end of last week. Brent crude fell 46 cents to $60.05 a barrel by 0840 GMT, while US West Texas Intermediate (WTI) crude lost 40 cents at $54.30 a barrel. Both were down 0.7 per cent. Late on Friday, the United States and China outlined the first stage of a trade deal and suspended this week&#8217;s scheduled US tariff [&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":[130,191,136],"tags":[],"class_list":["post-296227","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\/296227","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=296227"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296227\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}