{"id":365019,"date":"2020-07-28T10:20:22","date_gmt":"2020-07-28T04:50:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365019"},"modified":"2020-07-28T10:20:22","modified_gmt":"2020-07-28T04:50:22","slug":"oil-falls-2-on-u-s-china-tensions-rising-virus-cases","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-2-on-u-s-china-tensions-rising-virus-cases\/","title":{"rendered":"Oil falls 2% on U.S.-China tensions, rising virus cases"},"content":{"rendered":"<p>NEW YORK : Oil prices dropped nearly 2% on Monday despite a weaker U.S. dollar, as rising coronavirus cases and tensions between the United States and China clouded the outlook for oil demand&#8217;s recovery.<\/p>\n<p>Brent crude lost 81 cents, or 1.9%, to $42.53 a barrel by 11:13 a.m. EDT (1513 GMT), while U.S. West Texas Intermediate (WTI) crude fell 65 cents, or 1.6%, to $40.64 a barrel.<\/p>\n<p>Following the closures of consulates in Houston and Chendu, investors worried about relations between China and the United States and have retreated to safe havens, such as gold and bonds. [ ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK : Oil prices dropped nearly 2% on Monday despite a weaker U.S. dollar, as rising coronavirus cases and tensions between the United States and China clouded the outlook for oil demand&#8217;s recovery. Brent crude lost 81 cents, or 1.9%, to $42.53 a barrel by 11:13 a.m. EDT (1513 GMT), while U.S. West Texas Intermediate (WTI) crude fell 65 cents, or 1.6%, to $40.64 a barrel. Following the closures of consulates in Houston and Chendu, investors worried about relations between China and the United States and have retreated to safe havens, such as gold and bonds. [ ]<\/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-365019","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\/365019","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=365019"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365019\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}