{"id":351956,"date":"2020-05-19T09:56:05","date_gmt":"2020-05-19T04:26:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=351956"},"modified":"2020-05-19T10:08:49","modified_gmt":"2020-05-19T04:38:49","slug":"oil-at-2-month-high-on-chinese-demand-rebound-covid-19-vaccine-hope","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-at-2-month-high-on-chinese-demand-rebound-covid-19-vaccine-hope\/","title":{"rendered":"Oil at 2-month high on Chinese demand rebound, Covid-19 vaccine hope"},"content":{"rendered":"<p>Oil jumped to levels not seen since Covid-19 lockdowns paralysed the world\u2019s largest economy as Chinese demand returned and signs of a viable vaccine sparked optimism. <\/p>\n<p>Futures in New York climbed as much as 13.2 per cent on Monday. Chinese oil use is at 13 million barrels a day, just shy of the levels of a year earlier, traders and executives said. Moderna reported promising early results from an experimental vaccine, tempering fears of a virus resurgence and offering hope that economies can safely reopen. <\/p>\n<p>\u201cIf China can get back to pre-Covid demand levels, and China is, at least from a virus standpoint, about two months ahead of everybody else,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil jumped to levels not seen since Covid-19 lockdowns paralysed the world\u2019s largest economy as Chinese demand returned and signs of a viable vaccine sparked optimism. Futures in New York climbed as much as 13.2 per cent on Monday. Chinese oil use is at 13 million barrels a day, just shy of the levels of a year earlier, traders and executives said. Moderna reported promising early results from an experimental vaccine, tempering fears of a virus resurgence and offering hope that economies can safely reopen. \u201cIf China can get back to pre-Covid demand levels, and China is, at least from [&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":[135,130,169],"tags":[],"class_list":["post-351956","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351956","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=351956"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/351956\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=351956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=351956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=351956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}