{"id":297896,"date":"2019-10-25T11:09:59","date_gmt":"2019-10-25T05:39:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297896"},"modified":"2019-10-25T11:09:59","modified_gmt":"2019-10-25T05:39:59","slug":"oil-steadies-above-61-weak-demand-outlook-weighs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steadies-above-61-weak-demand-outlook-weighs\/","title":{"rendered":"Oil steadies above $61, weak demand outlook weighs"},"content":{"rendered":"<p>LONDON : Oil steadied above $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in US crude inventories and the prospect of further action by OPEC and its allies to support the market.<\/p>\n<p>In the latest sign of economic weakness that has prompted lower oil demand projections, employment in Germany&#8217;s private sector fell fell for the first time in six years in October, a survey showed on Thursday.<\/p>\n<p>Brent crude was unchanged at $61.17 a barrel at 1158 GMT, having risen 2.5% on Wednesday. US West Texas Intermediate (WTI) crude was down 10 cents at $55.87.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON : Oil steadied above $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in US crude inventories and the prospect of further action by OPEC and its allies to support the market. In the latest sign of economic weakness that has prompted lower oil demand projections, employment in Germany&#8217;s private sector fell fell for the first time in six years in October, a survey showed on Thursday. Brent crude was unchanged at $61.17 a barrel at 1158 GMT, having risen 2.5% on Wednesday. US West Texas Intermediate (WTI) crude was down 10 cents [&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":[139,130,187],"tags":[],"class_list":["post-297896","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297896","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=297896"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297896\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}