{"id":365824,"date":"2020-07-31T11:08:56","date_gmt":"2020-07-31T05:38:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365824"},"modified":"2020-07-31T12:43:55","modified_gmt":"2020-07-31T07:13:55","slug":"oil-holds-steady-as-coronavirus-concerns-weigh-on-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-steady-as-coronavirus-concerns-weigh-on-demand\/","title":{"rendered":"Oil holds steady as coronavirus concerns weigh on demand"},"content":{"rendered":"<p>Oil prices were little changed on Thursday, restrained by concerns that surging coronavirus infections could jeopardize a recovery in fuel demand just as major oil producers are set to raise output. <\/p>\n<p>The most active Brent crude contract for October was up 4 cents or 0.1 percent at $44.13 a barrel at 0330 GMT. The September Brent contract, which is expiring on Friday, was unchanged at $43.75 a barrel in light trading.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures were down one cent at $41.26 a barrel.<\/p>\n<p>Both benchmark contracts rose on Wednesday after the US Energy Information Administration (EIA) reported the largest one-week fall in crude stocks since December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were little changed on Thursday, restrained by concerns that surging coronavirus infections could jeopardize a recovery in fuel demand just as major oil producers are set to raise output. The most active Brent crude contract for October was up 4 cents or 0.1 percent at $44.13 a barrel at 0330 GMT. The September Brent contract, which is expiring on Friday, was unchanged at $43.75 a barrel in light trading. US West Texas Intermediate (WTI) crude futures were down one cent at $41.26 a barrel. Both benchmark contracts rose on Wednesday after the US Energy Information Administration (EIA) reported [&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":[146,130,177],"tags":[],"class_list":["post-365824","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365824","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=365824"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365824\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}