{"id":354176,"date":"2020-05-29T10:58:37","date_gmt":"2020-05-29T05:28:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=354176"},"modified":"2020-05-29T10:58:37","modified_gmt":"2020-05-29T05:28:37","slug":"oil-prices-fall-as-us-fuel-demand-remains-weak","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-us-fuel-demand-remains-weak\/","title":{"rendered":"Oil prices fall as US fuel demand remains weak"},"content":{"rendered":"<p>SINGAPORE: Oil prices edged lower on Friday after US inventory data showed lacklustre fuel demand in the world&#8217;s largest oil consumer while worsening US-China tensions weighed on global financial markets.<\/p>\n<p>Brent crude slipped 36 cents, or 1 per cent, to $34.93 a barrel by 0106 GMT and US West Texas Intermediate crude was at $33.20 a barrel, down 51 cents, or 1.5 per cent. Still, both contracts are set for a fifth weekly gain, helped by production cuts and optimism about demand recovery in other countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil prices edged lower on Friday after US inventory data showed lacklustre fuel demand in the world&#8217;s largest oil consumer while worsening US-China tensions weighed on global financial markets. Brent crude slipped 36 cents, or 1 per cent, to $34.93 a barrel by 0106 GMT and US West Texas Intermediate crude was at $33.20 a barrel, down 51 cents, or 1.5 per cent. Still, both contracts are set for a fifth weekly gain, helped by production cuts and optimism about demand recovery in other countries.<\/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-354176","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\/354176","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=354176"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354176\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=354176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=354176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=354176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}