{"id":359260,"date":"2020-06-25T11:31:18","date_gmt":"2020-06-25T06:01:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359260"},"modified":"2020-06-25T11:31:18","modified_gmt":"2020-06-25T06:01:18","slug":"oil-prices-hold-ground-after-sharp-retreat-on-virus-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hold-ground-after-sharp-retreat-on-virus-fears\/","title":{"rendered":"Oil prices hold ground after sharp retreat on virus fears"},"content":{"rendered":"<p>Oil prices inched up in early trading on Thursday after sliding more than 5% in the previous session on worries that a rapid rise in COVID-19 cases could choke a revival in fuel demand, but volumes were thin with China out on a public holiday.<\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures rose 12 cents, or 0.3%, to $38.13 at 0129 GMT after dropping $2.36 on Wednesday.<\/p>\n<p>Brent crude futures climbed 5 cents, or 0.1%, to $40.36, after falling $2.32 on Wednesday. A day earlier, the benchmark contract hit its highest price since early March, just before pandemic lockdowns and a Saudi-Russian price war slammed markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices inched up in early trading on Thursday after sliding more than 5% in the previous session on worries that a rapid rise in COVID-19 cases could choke a revival in fuel demand, but volumes were thin with China out on a public holiday. U.S. West Texas Intermediate (WTI) crude futures rose 12 cents, or 0.3%, to $38.13 at 0129 GMT after dropping $2.36 on Wednesday. Brent crude futures climbed 5 cents, or 0.1%, to $40.36, after falling $2.32 on Wednesday. A day earlier, the benchmark contract hit its highest price since early March, just before pandemic lockdowns and [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-359260","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359260","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=359260"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359260\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}