{"id":366328,"date":"2020-08-05T11:02:56","date_gmt":"2020-08-05T05:32:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366328"},"modified":"2020-08-05T11:29:53","modified_gmt":"2020-08-05T05:59:53","slug":"oil-giant-bp-reports-16-8-billion-quarterly-loss","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-giant-bp-reports-16-8-billion-quarterly-loss\/","title":{"rendered":"Oil giant BP reports $16.8 billion quarterly loss"},"content":{"rendered":"<p>BP plunged into a net loss of $16.8 billion in the second quarter, the British oil giant announced Tuesday, as the coronavirus pandemic ravaged demand for oil, sending prices tumbling. <\/p>\n<p>&#8220;The ongoing severe impacts of the Covid-19 pandemic continue to create a volatile and challenging trading environment,&#8221; BP said in its earnings statement, adding that &#8220;the outlook for commodity prices and product demand remains challenging and uncertain&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP plunged into a net loss of $16.8 billion in the second quarter, the British oil giant announced Tuesday, as the coronavirus pandemic ravaged demand for oil, sending prices tumbling. &#8220;The ongoing severe impacts of the Covid-19 pandemic continue to create a volatile and challenging trading environment,&#8221; BP said in its earnings statement, adding that &#8220;the outlook for commodity prices and product demand remains challenging and uncertain&#8221;.<\/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-366328","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\/366328","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=366328"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366328\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}