{"id":310526,"date":"2020-01-15T12:16:46","date_gmt":"2020-01-15T06:46:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310526"},"modified":"2020-01-15T12:36:32","modified_gmt":"2020-01-15T07:06:32","slug":"oil-prices-steady-trade-deal-and-us-inventories-eyed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-trade-deal-and-us-inventories-eyed\/","title":{"rendered":"Oil prices steady, trade deal and US inventories eyed"},"content":{"rendered":"<p>Oil prices steadied on Tuesday, after recent declines, as investors focused on the signing of a preliminary trade deal between the US and China, the world&#8217;s top oil consumers, and on expectations of a drawdown in US stockpiles.<\/p>\n<p>However, price gains were capped by receding West Asian Middle East tensions, with both Tehran and Washington desisting from any further escalation after this month&#8217;s clashes.<\/p>\n<p>Brent crude was up 2 cents at $64.22 per barrel by 0738 GMT. US West Texas Intermediate crude futures were down 4 cents at $58.04 a barrel. The benchmarks lost about 5 per cent and 6 per cent, respectively, last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices steadied on Tuesday, after recent declines, as investors focused on the signing of a preliminary trade deal between the US and China, the world&#8217;s top oil consumers, and on expectations of a drawdown in US stockpiles. However, price gains were capped by receding West Asian Middle East tensions, with both Tehran and Washington desisting from any further escalation after this month&#8217;s clashes. Brent crude was up 2 cents at $64.22 per barrel by 0738 GMT. US West Texas Intermediate crude futures were down 4 cents at $58.04 a barrel. The benchmarks lost about 5 per cent and 6 [&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-310526","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310526","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=310526"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310526\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}