{"id":359015,"date":"2020-06-24T11:42:16","date_gmt":"2020-06-24T06:12:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359015"},"modified":"2020-06-24T11:42:16","modified_gmt":"2020-06-24T06:12:16","slug":"oil-edges-lower-as-us-stockpiles-grow-more-than-expected","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-edges-lower-as-us-stockpiles-grow-more-than-expected\/","title":{"rendered":"Oil edges lower as US stockpiles grow more than expected"},"content":{"rendered":"<p>TOKYO: OilNSE 0.49 % futures edged lower on Wednesday, extending losses from the previous day, after US crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in gasoline stocks kept the decline in check.<\/p>\n<p>Brent crude was down 2 cents at $42.61 a barrel by 0045 GMT, while US West Texas Intermediate (WTI) crude futures fell 4 cents, or 0.1 per cent, to $40.33 a barrel.<\/p>\n<p>US crude inventories rose by a much bigger than expected 1.7 million barrels last week, according to industry group the American Petroleum Institute (API), well ahead of analysts&#8217; expectations for a 300,000-barrel build.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO: OilNSE 0.49 % futures edged lower on Wednesday, extending losses from the previous day, after US crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in gasoline stocks kept the decline in check. Brent crude was down 2 cents at $42.61 a barrel by 0045 GMT, while US West Texas Intermediate (WTI) crude futures fell 4 cents, or 0.1 per cent, to $40.33 a barrel. US crude inventories rose by a much bigger than expected 1.7 million barrels last week, according to industry group the American Petroleum Institute (API), well ahead of analysts&#8217; expectations [&hellip;]<\/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-359015","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\/359015","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=359015"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359015\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}