{"id":303059,"date":"2019-11-27T11:21:16","date_gmt":"2019-11-27T05:51:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303059"},"modified":"2019-11-27T11:38:03","modified_gmt":"2019-11-27T06:08:03","slug":"oil-dips-after-us-stock-build-us-china-deal-hopes-support-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-dips-after-us-stock-build-us-china-deal-hopes-support-2\/","title":{"rendered":"Oil dips after US stock build, US-China deal hopes support"},"content":{"rendered":"<p>Oil fell on Wednesday after an industry report showed an unexpected build in US crude inventories, but optimism around the signing of the first phase of a US-China trade deal capped a deeper slide in prices.<\/p>\n<p>International benchmark Brent crude futures dropped 19 cents, or 0.3 per cent, to $64.08 a barrel by 0145 GMT on Wednesday. Brent rose about 1 per cent on Tuesday. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.29 per cent, to $58.24 per barrel.<\/p>\n<p>Wednesday&#8217;s decline reversed two days of gains with WTI climbing 1.1 per cent through Tuesday and Brent gaining 1.4 per cent during the period on the expectation that China and the United States, the world&#8217;s two biggest crude users, would sign a preliminary agreement that would begin to end their 16-month trade war.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil fell on Wednesday after an industry report showed an unexpected build in US crude inventories, but optimism around the signing of the first phase of a US-China trade deal capped a deeper slide in prices. International benchmark Brent crude futures dropped 19 cents, or 0.3 per cent, to $64.08 a barrel by 0145 GMT on Wednesday. Brent rose about 1 per cent on Tuesday. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.29 per cent, to $58.24 per barrel. Wednesday&#8217;s decline reversed two days of gains with WTI climbing 1.1 per cent through Tuesday and Brent gaining [&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],"tags":[],"class_list":["post-303059","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303059","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=303059"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303059\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}