{"id":310813,"date":"2020-01-17T11:20:55","date_gmt":"2020-01-17T05:50:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310813"},"modified":"2020-01-17T11:44:44","modified_gmt":"2020-01-17T06:14:44","slug":"oil-gains-after-us-china-trade-deal-fall-in-inventories","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gains-after-us-china-trade-deal-fall-in-inventories\/","title":{"rendered":"Oil gains after US-China trade deal, fall in inventories"},"content":{"rendered":"<p>Oil prices rose on Thursday buoyed by the long-anticipated signing of an initial Sino-US trade deal that sets the stage for a jump in Chinese purchases of American energy products, while US crude inventories fell more than expected.<\/p>\n<p>Brent was 30 cents, or 0.5 per cent, higher at $64.30 a barrel by 0754 GMT, while US crude was up by 30 cents, or 0.5 per cent, at $58.11 a barrel.<\/p>\n<p>Under the so-called Phase 1 deal to call a truce in a trade war between the world&#8217;s two biggest economies, China committed to buying over $50 billion more of US oil, liquefied natural gas and other energy products over two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose on Thursday buoyed by the long-anticipated signing of an initial Sino-US trade deal that sets the stage for a jump in Chinese purchases of American energy products, while US crude inventories fell more than expected. Brent was 30 cents, or 0.5 per cent, higher at $64.30 a barrel by 0754 GMT, while US crude was up by 30 cents, or 0.5 per cent, at $58.11 a barrel. Under the so-called Phase 1 deal to call a truce in a trade war between the world&#8217;s two biggest economies, China committed to buying over $50 billion more of US [&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-310813","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310813","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=310813"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310813\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}