{"id":303460,"date":"2019-11-29T12:23:08","date_gmt":"2019-11-29T06:53:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303460"},"modified":"2019-11-29T12:23:08","modified_gmt":"2019-11-29T06:53:08","slug":"oil-falls-as-us-rights-bill-fuels-tensions-with-china","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-as-us-rights-bill-fuels-tensions-with-china\/","title":{"rendered":"Oil falls as US rights bill fuels tensions with China"},"content":{"rendered":"<p>LONDON\/TOKYO: Oil prices fell for a second day on Thursday after official data showed US crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, fuelling tensions with China.<\/p>\n<p>Brent crude was down 19 cents, or 0.3 per cent, at $63.87 a barrel by 0854 GMT, having dropped 0.3 per cent on Wednesday.<\/p>\n<p>West Texas Intermediate crude fell 33 cents, or 0.6 per cent, to $57.78, after losing 0.5 per cent in the previous session.<\/p>\n<p>China warned the United States that it would take &#8220;firm countermeasures&#8221; in response to US legislation backing anti-government protesters in Hong Kong.<\/p>\n<p>Investors are concerned that the move might delay further a preliminary agreement between the United States and China to put an end to their trade war that has slowed global economic growth, and consequently consumption of oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON\/TOKYO: Oil prices fell for a second day on Thursday after official data showed US crude and gasoline stocks rose and President Donald Trump signed into law a bill backing protesters in Hong Kong, fuelling tensions with China. Brent crude was down 19 cents, or 0.3 per cent, at $63.87 a barrel by 0854 GMT, having dropped 0.3 per cent on Wednesday. West Texas Intermediate crude fell 33 cents, or 0.6 per cent, to $57.78, after losing 0.5 per cent in the previous session. China warned the United States that it would take &#8220;firm countermeasures&#8221; in response to US legislation [&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-303460","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\/303460","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=303460"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303460\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}