{"id":324752,"date":"2020-01-29T11:45:13","date_gmt":"2020-01-29T06:15:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=324752"},"modified":"2020-01-29T12:11:10","modified_gmt":"2020-01-29T06:41:10","slug":"crude-oil-rises-as-investors-take-stock-of-economic-hit-from-virus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-rises-as-investors-take-stock-of-economic-hit-from-virus\/","title":{"rendered":"Crude oil rises as investors take stock of economic hit from virus"},"content":{"rendered":"<p>Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in US stockpiles helped steady prices. <\/p>\n<p>Brent crude rose 33 cents, or 0.6 per cent, to $59.84 a barrel by 0103 GMT, while US crude was up 31 cents, or 0.6 per cent, at $53.79 a barrel. <\/p>\n<p>Financial markets that have been hit by the spread of the virus and a growing death toll are taking stock of the economic fallout, helped by comments from the head of the World Health Organisation supporting China&#8217;s efforts to beat the outbreak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in US stockpiles helped steady prices. Brent crude rose 33 cents, or 0.6 per cent, to $59.84 a barrel by 0103 GMT, while US crude was up 31 cents, or 0.6 per cent, at $53.79 a barrel. Financial markets that have been hit by the spread of the virus and a growing death toll are taking stock of the economic fallout, helped by comments from [&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-324752","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324752","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=324752"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/324752\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=324752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=324752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=324752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}