{"id":298764,"date":"2019-10-31T11:08:40","date_gmt":"2019-10-31T05:38:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298764"},"modified":"2019-10-31T11:08:40","modified_gmt":"2019-10-31T05:38:40","slug":"oil-extends-losses-as-us-stockpiles-jump","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-as-us-stockpiles-jump\/","title":{"rendered":"Oil extends losses as US stockpiles jump"},"content":{"rendered":"<p>NEW YORK: Oil prices extended losses Wednesday after a steep U.S. crude inventory build added to worries about a possible delay in resolving the U.S.-China trade war, which has hurt global oil demand.<\/p>\n<p>Brent crude fell 30 cents, or 0.5%, to $61.29 a barrel by 11:16 a.m. EDT (1516 GMT). U.S. West Texas Intermediate (WTI) crude was down 67 cents, or 1.2%, at $54.87 a barrel.<\/p>\n<p>U.S. crude oil stockpiles soared last week amid higher imports and a release from national reserves, while gasoline and distillate inventories extended their declines even as refiners ramped up production, the Energy Information Administration said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil prices extended losses Wednesday after a steep U.S. crude inventory build added to worries about a possible delay in resolving the U.S.-China trade war, which has hurt global oil demand. Brent crude fell 30 cents, or 0.5%, to $61.29 a barrel by 11:16 a.m. EDT (1516 GMT). U.S. West Texas Intermediate (WTI) crude was down 67 cents, or 1.2%, at $54.87 a barrel. U.S. crude oil stockpiles soared last week amid higher imports and a release from national reserves, while gasoline and distillate inventories extended their declines even as refiners ramped up production, the Energy Information Administration [&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-298764","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\/298764","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=298764"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298764\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}