{"id":357165,"date":"2020-06-13T11:29:07","date_gmt":"2020-06-13T05:59:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=357165"},"modified":"2020-06-13T12:04:27","modified_gmt":"2020-06-13T06:34:27","slug":"crude-oil-prices-set-to-end-week-lower-on-coronavirus-resurgence-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-set-to-end-week-lower-on-coronavirus-resurgence-fears\/","title":{"rendered":"Crude oil prices set to end week lower on coronavirus resurgence fears"},"content":{"rendered":"<p>LONDON: Oil prices edged higher on Friday but were on track for their first weekly fall in seven as new U.S. coronavirus cases spiked, raising the prospect of a second wave hitting demand.<\/p>\n<p>Brent was up 20 cents, or 0.52 per cent, at $38.75 a barrel by 0926 GMT, having lost more than $1 earlier in the session.<\/p>\n<p>After falling more than 5 per cent on Friday, West Texas Intermediate was up 15 cents, or 0.41 per cent to $36.49 a barrel. Both contracts ended around 8 per cent lower on Thursday.<\/p>\n<p>The oil benchmarks are heading for weekly declines of more than 8 per cent, their first after six weeks of gains which have lifted them off their April lows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices edged higher on Friday but were on track for their first weekly fall in seven as new U.S. coronavirus cases spiked, raising the prospect of a second wave hitting demand. Brent was up 20 cents, or 0.52 per cent, at $38.75 a barrel by 0926 GMT, having lost more than $1 earlier in the session. After falling more than 5 per cent on Friday, West Texas Intermediate was up 15 cents, or 0.41 per cent to $36.49 a barrel. Both contracts ended around 8 per cent lower on Thursday. The oil benchmarks are heading for weekly declines [&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":[130,191,136],"tags":[],"class_list":["post-357165","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\/357165","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=357165"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357165\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=357165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=357165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=357165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}