{"id":337703,"date":"2020-02-17T11:46:27","date_gmt":"2020-02-17T06:16:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337703"},"modified":"2020-02-17T12:17:34","modified_gmt":"2020-02-17T06:47:34","slug":"oil-prices-slip-ahead-of-data-pointers-on-impact-of-coronavirus-on-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-ahead-of-data-pointers-on-impact-of-coronavirus-on-demand\/","title":{"rendered":"Oil prices slip ahead of data pointers on impact of coronavirus on demand"},"content":{"rendered":"<p>SINGAPORE: Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China&#8217;s coronavirus epidemic has affected oil demand.<\/p>\n<p>Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2 per cent last week, the biggest weekly gain since September 2019.<\/p>\n<p>US West Texas Intermediate crude fell 13 cents to $51.92 a barrel, after a 3.4 per cent gain last week. <\/p>\n<p>The weekly gains, the first since early January, were spurred by hopes that stimulus measures taken by China to support its economy amid the coronavirus outbreak could lead to a recovery in oil demand in the world&#8217;s largest importing country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China&#8217;s coronavirus epidemic has affected oil demand. Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2 per cent last week, the biggest weekly gain since September 2019. US West Texas Intermediate crude fell 13 cents to $51.92 a barrel, after a 3.4 per cent gain last week. The weekly gains, the first since early January, were spurred by hopes that stimulus measures taken by China to support its [&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-337703","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\/337703","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=337703"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337703\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}