{"id":336657,"date":"2020-02-10T11:20:57","date_gmt":"2020-02-10T05:50:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336657"},"modified":"2020-02-10T13:37:43","modified_gmt":"2020-02-10T08:07:43","slug":"how-coronavirus-is-crushing-the-oil-and-gas-market","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-coronavirus-is-crushing-the-oil-and-gas-market\/","title":{"rendered":"How coronavirus is crushing the oil and gas market"},"content":{"rendered":"<p>The coronavirus outbreak in China and its spread around the world is crushing the oil and gas market. Oil is down a fifth and liquefied natural gas has fallen to record lows, putting producers in a jam while bringing price relief and buying opportunities for many consumers such as India. Sanjeev Choudhary delves deeper. <\/p>\n<p>CRUDE TAKES A KNOCK <\/p>\n<p>Crude oil is at $55 a barrel, down 20% ($13) since Jan 7, when Chinese authorities announced the coronavirus outbreak. <\/p>\n<p>NATURAL GAS AT NEW LOWS <\/p>\n<p>LNG prices in Asia have sunk to below $3\/mmBtu as China rejects shipments, forcing traders to look for other markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The coronavirus outbreak in China and its spread around the world is crushing the oil and gas market. Oil is down a fifth and liquefied natural gas has fallen to record lows, putting producers in a jam while bringing price relief and buying opportunities for many consumers such as India. Sanjeev Choudhary delves deeper. CRUDE TAKES A KNOCK Crude oil is at $55 a barrel, down 20% ($13) since Jan 7, when Chinese authorities announced the coronavirus outbreak. NATURAL GAS AT NEW LOWS LNG prices in Asia have sunk to below $3\/mmBtu as China rejects shipments, forcing traders to look [&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":[130,191,136],"tags":[],"class_list":["post-336657","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336657","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=336657"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336657\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}