{"id":366291,"date":"2020-08-05T10:12:41","date_gmt":"2020-08-05T04:42:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366291"},"modified":"2020-08-05T10:47:36","modified_gmt":"2020-08-05T05:17:36","slug":"oil-rebounds-with-equities-offsetting-the-return-of-opec-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rebounds-with-equities-offsetting-the-return-of-opec-supply\/","title":{"rendered":"Oil rebounds with equities offsetting the return of Opec+ supply"},"content":{"rendered":"<p>Oil erased losses as strong equities offset the return of Opec+ supply to a market already hit by a pandemic-driven demand slump. <\/p>\n<p>Equity indices in the US, Europe and Asia ticked higher, with the S&amp;P 500 Index rising for a third straight session amid speculation that lawmakers would move forward on a stimulus bill. Still, rising Opec crude output is keeping a lid on the rally. <\/p>\n<p>The market is looking for its next clear signal, with a slew of mixed data pressuring it on either side. In Europe, airline EasyJet said it would add additional flights after better-than-expected demand for travel over the summer.<br \/>\nChina\u2019s vehicle sales jumped in July compared with the previous year, but state-owned refiner Sinopec has been processing less oil because of flooding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil erased losses as strong equities offset the return of Opec+ supply to a market already hit by a pandemic-driven demand slump. Equity indices in the US, Europe and Asia ticked higher, with the S&amp;P 500 Index rising for a third straight session amid speculation that lawmakers would move forward on a stimulus bill. Still, rising Opec crude output is keeping a lid on the rally. The market is looking for its next clear signal, with a slew of mixed data pressuring it on either side. In Europe, airline EasyJet said it would add additional flights after better-than-expected demand for [&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":[135,130,169],"tags":[],"class_list":["post-366291","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\/366291","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=366291"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366291\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}