Oil was steady in Asian trading, with a calmer geo-political scene offset by lingering worries on the U.S.-China trade war and on the supply outlook.<\/p>\n
Futures in New York were down 0.1%, after rising 0.3% Tuesday to snap a five-day losing streak. Easing political tensions in the Middle East pushed investors\u2019 focus onto the coming post-winter lull in demand. In a Bloomberg survey, analysts are predicting a 1.1 million-barrel increase in US crude stocks in the past week. If the build is confirmed by data Wednesday, it would mark a second weekly rise in American supplies.<\/p>\n
The U.S. and China are set to sign a phase-one trade agreement on Wednesday, but a report suggested that existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the American presidential election.<\/p>\n","protected":false},"excerpt":{"rendered":"
Oil was steady in Asian trading, with a calmer geo-political scene offset by lingering worries on the U.S.-China trade war and on the supply outlook. Futures in New York were down 0.1%, after rising 0.3% Tuesday to snap a five-day losing streak. Easing political tensions in the Middle East pushed investors\u2019 focus onto the coming post-winter lull in demand. In a Bloomberg survey, analysts are predicting a 1.1 million-barrel increase in US crude stocks in the past week. If the build is confirmed by data Wednesday, it would mark a second weekly rise in American supplies. The U.S. and China […]<\/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-310455","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\/310455","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=310455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}