{"id":352266,"date":"2020-05-20T11:55:52","date_gmt":"2020-05-20T06:25:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352266"},"modified":"2020-05-20T12:16:21","modified_gmt":"2020-05-20T06:46:21","slug":"oil-rally-stalls-with-federal-reserve-warning-countering-production-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rally-stalls-with-federal-reserve-warning-countering-production-cuts\/","title":{"rendered":"Oil rally stalls with Federal Reserve warning countering production cuts"},"content":{"rendered":"<p>Oil steadied after a four-day gain as investors weighed signs the market is rebalancing against what\u2019s still a precarious economic outlook.<\/p>\n<p>Futures in New York for July delivery were little changed near $32 a barrel after the June contract closed at a 10-week high as it expired. Federal Reserve Chairman Jerome Powell warned Americans could start losing their homes and that long-term unemployment could damage the economy. A report that a virus vaccine study that boosted assets earlier in the week didn\u2019t produce enough critical data to assess its success added to the cautious tone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil steadied after a four-day gain as investors weighed signs the market is rebalancing against what\u2019s still a precarious economic outlook. Futures in New York for July delivery were little changed near $32 a barrel after the June contract closed at a 10-week high as it expired. Federal Reserve Chairman Jerome Powell warned Americans could start losing their homes and that long-term unemployment could damage the economy. A report that a virus vaccine study that boosted assets earlier in the week didn\u2019t produce enough critical data to assess its success added to the cautious tone.<\/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":[141,130,183],"tags":[],"class_list":["post-352266","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352266","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=352266"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352266\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}