{"id":337020,"date":"2020-02-12T11:07:06","date_gmt":"2020-02-12T05:37:06","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337020"},"modified":"2020-02-12T11:21:01","modified_gmt":"2020-02-12T05:51:01","slug":"oil-rebounds-amid-broad-market-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-amid-broad-market-recovery\/","title":{"rendered":"Oil rebounds amid broad market recovery"},"content":{"rendered":"<p>Oil prices rose around 1 per cent on Tuesday in sympathy with a rally in the equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China.<\/p>\n<p>Brent crude rose 53 cents, nearly 1 per cent, to $53.80 a barrel by 0730 GMT, retreating from an intraday high of $54.16. US West Texas Intermediate was up 46 cents, about 1 per cent, at $50.18 a barrel.<\/p>\n<p>Both benchmarks, however, were still more than 20 per cent below their January peaks.<\/p>\n<p>\u201cA broad positive sentiment across Asia markets seems to have boosted crude oil prices,\u201d Margaret Yang, market analyst of CMC Markets, told Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose around 1 per cent on Tuesday in sympathy with a rally in the equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China. Brent crude rose 53 cents, nearly 1 per cent, to $53.80 a barrel by 0730 GMT, retreating from an intraday high of $54.16. US West Texas Intermediate was up 46 cents, about 1 per cent, at $50.18 a barrel. Both benchmarks, however, were still more than 20 per cent below their January peaks. \u201cA broad positive sentiment across Asia markets seems to have boosted crude oil [&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-337020","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337020","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=337020"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337020\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}