{"id":365482,"date":"2020-07-30T10:24:39","date_gmt":"2020-07-30T04:54:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365482"},"modified":"2020-07-30T10:46:16","modified_gmt":"2020-07-30T05:16:16","slug":"oil-gains-on-sharp-us-crude-inventory-drop-covid-19-keeps-surge-in-check","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gains-on-sharp-us-crude-inventory-drop-covid-19-keeps-surge-in-check\/","title":{"rendered":"Oil gains on sharp US crude inventory drop; Covid-19 keeps surge in check"},"content":{"rendered":"<p>Oil prices edged up on Wednesday after a steep drop in US crude inventories, but another record day for Covid-19 cases worldwide kept gains in check. <\/p>\n<p>Brent crude futures gained 35 cents to $43.57 a barrel by 10:57 a.m. EDT (1457 GMT). US West Texas Intermediate crude futures were up 18 cents to $41.22. <\/p>\n<p>US crude oil inventories fell by 10.6 million barrels last week to 526 million barrels, the Energy Information Administration said, in their largest drawdown since December. <\/p>\n<p>Net US crude imports fell 1 million barrels per day to 1.9 million bpd, the EIA said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged up on Wednesday after a steep drop in US crude inventories, but another record day for Covid-19 cases worldwide kept gains in check. Brent crude futures gained 35 cents to $43.57 a barrel by 10:57 a.m. EDT (1457 GMT). US West Texas Intermediate crude futures were up 18 cents to $41.22. US crude oil inventories fell by 10.6 million barrels last week to 526 million barrels, the Energy Information Administration said, in their largest drawdown since December. Net US crude imports fell 1 million barrels per day to 1.9 million bpd, the EIA said.<\/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":[135,130,169],"tags":[],"class_list":["post-365482","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365482","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=365482"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365482\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}