{"id":343717,"date":"2020-03-27T10:41:17","date_gmt":"2020-03-27T05:11:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343717"},"modified":"2020-03-27T10:41:17","modified_gmt":"2020-03-27T05:11:17","slug":"oil-falls-as-sinking-demand-outweighs-stimulus-hopes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-as-sinking-demand-outweighs-stimulus-hopes\/","title":{"rendered":"Oil falls as sinking demand outweighs stimulus hopes"},"content":{"rendered":"<p>LONDON: Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a US $2 trillion emergency stimulus will bolster economic activity.<\/p>\n<p>Brent crude futures fell $1.04, or 3.75 per cent, to $26.35 a barrel by 0834 GMT. West Texas Intermediate (WTI) crude futures fell 94 cents, or 3.8 per cent, to $23.55 a barrel. Both contracts are down about 60 per cent this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a US $2 trillion emergency stimulus will bolster economic activity. Brent crude futures fell $1.04, or 3.75 per cent, to $26.35 a barrel by 0834 GMT. West Texas Intermediate (WTI) crude futures fell 94 cents, or 3.8 per cent, to $23.55 a barrel. Both contracts are down about 60 per cent this year.<\/p>\n","protected":false},"author":39,"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-343717","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\/343717","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=343717"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343717\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}