{"id":297779,"date":"2019-10-24T11:57:23","date_gmt":"2019-10-24T06:27:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297779"},"modified":"2019-10-24T11:57:23","modified_gmt":"2019-10-24T06:27:23","slug":"oil-pares-us-stock-draw-gains-on-weak-demand-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-pares-us-stock-draw-gains-on-weak-demand-outlook\/","title":{"rendered":"Oil pares US stock-draw gains on weak demand outlook"},"content":{"rendered":"<p>SINGAPORE: Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2 per cent in the previous session on the back of a surprise draw in US crude stocks.<\/p>\n<p>Brent crude futures fell 39 cents, or 0.6 per cent, to $60.78 a barrel by 0111 GMT. The international benchmark crude rose 2.5 per cent on Wednesday to settle at $61.17 a barrel, levels not seen since Sept. 30.<\/p>\n<p>West Texas Intermediate (WTI) crude futures dropped 46 cents, or 0.8 per cent, to $55.51 per barrel. US crude closed 3.3 per cent higher in the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2 per cent in the previous session on the back of a surprise draw in US crude stocks. Brent crude futures fell 39 cents, or 0.6 per cent, to $60.78 a barrel by 0111 GMT. The international benchmark crude rose 2.5 per cent on Wednesday to settle at $61.17 a barrel, levels not seen since Sept. 30. West Texas Intermediate (WTI) crude futures dropped 46 cents, or 0.8 per cent, to $55.51 per barrel. US crude closed 3.3 per cent higher in [&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-297779","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\/297779","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=297779"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297779\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}