{"id":335456,"date":"2020-02-03T12:41:36","date_gmt":"2020-02-03T07:11:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335456"},"modified":"2020-02-03T13:02:29","modified_gmt":"2020-02-03T07:32:29","slug":"oil-extends-decline-as-virus-hits-demand-in-china","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-decline-as-virus-hits-demand-in-china\/","title":{"rendered":"Oil extends decline as virus hits demand in China"},"content":{"rendered":"<p>Oil prices extended their losses on Monday, dragged down by worries about lower demand in China, the world&#8217;s largest oil importer, following a coronavirus outbreak there.<\/p>\n<p>Brent and US West Texas Intermediate (WTI) crude fell for a fourth week in a row last week after airlines cancelled flights to China. Supply chains across the world&#8217;s second-largest economy have also been disrupted, prompting its biggest refiner Sinopec to cut output.<\/p>\n<p>Brent crude was at $56.14 a barrel by 0241 GMT, down 48 cents, or 0.9 per cent, after losing nearly 12 per cent in January, the steepest monthly decline since November 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended their losses on Monday, dragged down by worries about lower demand in China, the world&#8217;s largest oil importer, following a coronavirus outbreak there. Brent and US West Texas Intermediate (WTI) crude fell for a fourth week in a row last week after airlines cancelled flights to China. Supply chains across the world&#8217;s second-largest economy have also been disrupted, prompting its biggest refiner Sinopec to cut output. Brent crude was at $56.14 a barrel by 0241 GMT, down 48 cents, or 0.9 per cent, after losing nearly 12 per cent in January, the steepest monthly decline since November [&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-335456","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335456","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=335456"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335456\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}