{"id":354503,"date":"2020-05-30T11:54:35","date_gmt":"2020-05-30T06:24:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=354503"},"modified":"2020-05-30T11:54:35","modified_gmt":"2020-05-30T06:24:35","slug":"oil-lower-on-us-china-tensions-but-heads-for-huge-monthly-rise","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-lower-on-us-china-tensions-but-heads-for-huge-monthly-rise\/","title":{"rendered":"Oil lower on US-China tensions but heads for huge monthly rise"},"content":{"rendered":"<p>NEW YORK: Oil prices eased on Friday on fears of worsening Washington-Beijing relations and lacklustre US fuel demand, but were still headed for sharp monthly gains.<\/p>\n<p>July Brent crude futures fell 34 cents, or 1 per cent, to $34.95 a barrel by 11:15 a.m. EDT (1515 GMT). US West Texas Intermediate (WTI) crude was down 12 cents, or 0.4 per cent, at $33.59.<\/p>\n<p>Both benchmarks were on course for steep monthly gains due to global production cuts and optimism over demand growth as US states and countries reopen after coronavirus-related lockdowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil prices eased on Friday on fears of worsening Washington-Beijing relations and lacklustre US fuel demand, but were still headed for sharp monthly gains. July Brent crude futures fell 34 cents, or 1 per cent, to $34.95 a barrel by 11:15 a.m. EDT (1515 GMT). US West Texas Intermediate (WTI) crude was down 12 cents, or 0.4 per cent, at $33.59. Both benchmarks were on course for steep monthly gains due to global production cuts and optimism over demand growth as US states and countries reopen after coronavirus-related lockdowns.<\/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-354503","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\/354503","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=354503"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354503\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=354503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=354503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=354503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}