{"id":349842,"date":"2020-05-06T11:26:19","date_gmt":"2020-05-06T05:56:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349842"},"modified":"2020-05-06T11:26:19","modified_gmt":"2020-05-06T05:56:19","slug":"crude-oil-prices-surge-on-demand-hopes-as-lockdowns-ease","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-surge-on-demand-hopes-as-lockdowns-ease\/","title":{"rendered":"Crude oil prices surge on demand hopes as lockdowns ease"},"content":{"rendered":"<p>NEW YORK: Oil prices soared higher on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several US states began to ease coronavirus lockdown measures.<\/p>\n<p>International benchmark Brent crude rose $2.77, or 10.2 per cent, to $29.97 a barrel by 11:30 a.m. EDT (1530 GMT).<\/p>\n<p>US West Texas Intermediate (WTI) crude futures traded $3.47, or 17 per cent, higher at $23.86 a barrel.<\/p>\n<p>Brent has closed higher the previous five sessions, while WTI has closed higher for the last four.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil prices soared higher on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several US states began to ease coronavirus lockdown measures. International benchmark Brent crude rose $2.77, or 10.2 per cent, to $29.97 a barrel by 11:30 a.m. EDT (1530 GMT). US West Texas Intermediate (WTI) crude futures traded $3.47, or 17 per cent, higher at $23.86 a barrel. Brent has closed higher the previous five sessions, while WTI has closed higher for the last four.<\/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-349842","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\/349842","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=349842"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349842\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}