{"id":345946,"date":"2020-04-08T11:25:59","date_gmt":"2020-04-08T05:55:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345946"},"modified":"2020-04-08T11:25:59","modified_gmt":"2020-04-08T05:55:59","slug":"oil-rises-as-hopes-build-for-global-production-cut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-as-hopes-build-for-global-production-cut\/","title":{"rendered":"Oil rises as hopes build for global production cut"},"content":{"rendered":"<p>LONDON: Oil prices clawed their way into positive territory on Tuesday as hopes that the world&#8217;s biggest producers will agree to cut output outweighed analyst fears that a global recession in the wake of the coronavirus crisis could be deeper than expected.<\/p>\n<p>Brent crude was up 83 cents, or 2.5 per cent, at $33.88 a barrel by 0936 GMT after falling more than 3 per cent on Monday. West Texas Intermediate (WTI) crude was up 95 cents, or 3.6 per cent, at $27.03, having dropped nearly 8 per cent in the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices clawed their way into positive territory on Tuesday as hopes that the world&#8217;s biggest producers will agree to cut output outweighed analyst fears that a global recession in the wake of the coronavirus crisis could be deeper than expected. Brent crude was up 83 cents, or 2.5 per cent, at $33.88 a barrel by 0936 GMT after falling more than 3 per cent on Monday. West Texas Intermediate (WTI) crude was up 95 cents, or 3.6 per cent, at $27.03, having dropped nearly 8 per cent in the previous session.<\/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-345946","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\/345946","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=345946"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345946\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}