{"id":316334,"date":"2020-01-24T12:25:31","date_gmt":"2020-01-24T06:55:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=316334"},"modified":"2020-01-24T12:42:24","modified_gmt":"2020-01-24T07:12:24","slug":"oil-skids-as-spectre-of-china-virus-looms-over-fuel-demand-economy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-skids-as-spectre-of-china-virus-looms-over-fuel-demand-economy\/","title":{"rendered":"Oil skids as spectre of China virus looms over fuel demand, economy"},"content":{"rendered":"<p>Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1 per cent on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.<\/p>\n<p>Brent crude futures were down 87 cents, or 1.4 per cent, to $62.34 a barrel by 0733 GMT, and earlier dropped to the lowest since December 4 after falling 2.1 per cent in the previous session.<\/p>\n<p>US West Texas Intermediate futures fell 94 cents, or 1.6 per cent, to $55.80 a barrel after earlier falling to the lowest since December 3. The contract declined 2.7 per cent on Wednesday.<\/p>\n<p>The new coronavirus has killed 17 people through respiratory illness since it emerged late last year in Wuhan, a city of 11 million people in central China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1 per cent on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago. Brent crude futures were down 87 cents, or 1.4 per cent, to $62.34 a barrel by 0733 GMT, and earlier dropped to the lowest since December 4 after falling 2.1 per cent in the previous session. US West Texas Intermediate futures fell 94 cents, or 1.6 per cent, to $55.80 a 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-316334","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/316334","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=316334"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/316334\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=316334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=316334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=316334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}