{"id":349921,"date":"2020-05-06T12:02:29","date_gmt":"2020-05-06T06:32:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349921"},"modified":"2020-05-06T12:42:53","modified_gmt":"2020-05-06T07:12:53","slug":"oil-prices-gain-ground-on-hopes-of-re-opening-after-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-gain-ground-on-hopes-of-re-opening-after-coronavirus-crisis\/","title":{"rendered":"Oil prices gain ground on hopes of re-opening after coronavirus crisis"},"content":{"rendered":"<p>As lockdowns across the European, and Asian countries along with several US states begin to ease, prices of crude oil are surging yet again in the international markets. <\/p>\n<p>The prices of Brent future, which has now surged past $30 a barrel for the first time since April 13, recorded its rise for the sixth consecutive day on Tuesday &#8212; surging by 46.4%. At the time of filing this copy, the Brent crude was trading at $30.41 a barrel. <\/p>\n<p>On the other hand, WTI futures, that have now reclaimed the $20 a barrel mark after dramatically crashing into negative prices, rose by 62% in the past five days. WTI crude was trading at $24.03 a barrel, up 18% in a single trading session on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As lockdowns across the European, and Asian countries along with several US states begin to ease, prices of crude oil are surging yet again in the international markets. The prices of Brent future, which has now surged past $30 a barrel for the first time since April 13, recorded its rise for the sixth consecutive day on Tuesday &#8212; surging by 46.4%. At the time of filing this copy, the Brent crude was trading at $30.41 a barrel. On the other hand, WTI futures, that have now reclaimed the $20 a barrel mark after dramatically crashing into negative prices, rose [&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":[146,130,177],"tags":[],"class_list":["post-349921","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349921","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=349921"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349921\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}