{"id":343377,"date":"2020-03-25T11:07:24","date_gmt":"2020-03-25T05:37:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343377"},"modified":"2020-03-25T11:26:12","modified_gmt":"2020-03-25T05:56:12","slug":"oil-ekes-out-gains-as-u-s-stimulus-hopes-lift-global-markets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-ekes-out-gains-as-u-s-stimulus-hopes-lift-global-markets\/","title":{"rendered":"Oil ekes out gains as U.S. stimulus hopes lift global markets"},"content":{"rendered":"<p>Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic.<\/p>\n<p>U.S. crude touched a high of $25.10 a barrel early in the session and was at $24.61 a barrel, up 60 cents, or 2.5%, by 1243 GMT.<\/p>\n<p>Brent crude was trading up 49 cents, or 1.8%, at $27.64 a barrel. <\/p>\n<p>The U.S. Congress may vote on Wednesday on the $2 trillion stimulus package which boosted stock markets on Tuesday. <\/p>\n<p>Still, demand for oil products, especially jet fuel, is falling worldwide as more governments announce nationwide lockdowns to curb the spread of the coronavirus, putting a lid on oil price gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic. U.S. crude touched a high of $25.10 a barrel early in the session and was at $24.61 a barrel, up 60 cents, or 2.5%, by 1243 GMT. Brent crude was trading up 49 cents, or 1.8%, at $27.64 a barrel. The U.S. Congress may vote on Wednesday on the $2 trillion stimulus package which boosted stock markets on Tuesday. Still, demand for oil products, especially jet [&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-343377","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343377","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=343377"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343377\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}