{"id":310618,"date":"2020-01-16T11:27:40","date_gmt":"2020-01-16T05:57:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310618"},"modified":"2020-01-16T11:34:37","modified_gmt":"2020-01-16T06:04:37","slug":"oil-drops-on-concerns-that-us-china-trade-deal-may-not-stoke-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-on-concerns-that-us-china-trade-deal-may-not-stoke-demand\/","title":{"rendered":"Oil drops on concerns that US-China trade deal may not stoke demand"},"content":{"rendered":"<p>Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the US and China, the world&#8217;s biggest oil users, may not boost demand as the US intends to keep tariffs on Chinese goods until a second phase.<\/p>\n<p>US Treasury Secretary Steven Mnuchin said late on Tuesday that tariffs on Chinese goods will remain in place until the completion of a second phase of a US-China trade agreement, even as both sides are expected to sign an interim deal later on Wednesday.<\/p>\n<p>Brent crude was down 16 cents, or 0.3 per cent, at $64.33 per barrel by 0745 GMT. US West Texas Intermediate crude futures were down 15 cents, or 0.3 per cent, at $58.08 a barrel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the US and China, the world&#8217;s biggest oil users, may not boost demand as the US intends to keep tariffs on Chinese goods until a second phase. US Treasury Secretary Steven Mnuchin said late on Tuesday that tariffs on Chinese goods will remain in place until the completion of a second phase of a US-China trade agreement, even as both sides are expected to sign an interim deal later on Wednesday. Brent crude was down 16 cents, or 0.3 per cent, at $64.33 per barrel [&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-310618","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310618","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=310618"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310618\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}