{"id":366472,"date":"2020-08-06T11:04:20","date_gmt":"2020-08-06T05:34:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366472"},"modified":"2020-08-06T11:59:30","modified_gmt":"2020-08-06T06:29:30","slug":"oil-prices-snap-4-day-winning-streak-as-covid-19-cases-grow","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-snap-4-day-winning-streak-as-covid-19-cases-grow\/","title":{"rendered":"Oil prices snap 4-day winning streak as Covid-19 cases grow"},"content":{"rendered":"<p>Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand. <\/p>\n<p>Brent crude was down 4 cents, or 0.1%, at $44.39 a barrel by 0449 GMT. It finished 0.6% higher on Wednesday &#8211; the highest close since March 6.<\/p>\n<p>West Texas Intermediate oil was down 8 cents, or 0.2%, at $41.62 a barrel. The contract ended Tuesday trading 1.7% higher, its highest close since late July.<\/p>\n<p>Coronavirus cases continued to rise in the United States, and deaths are at more than a 1,000 a day, while dozens of states have had to pause or scale back plans to reopen their economies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand. Brent crude was down 4 cents, or 0.1%, at $44.39 a barrel by 0449 GMT. It finished 0.6% higher on Wednesday &#8211; the highest close since March 6. West Texas Intermediate oil was down 8 cents, or 0.2%, at $41.62 a barrel. The contract ended Tuesday trading 1.7% higher, its highest close since late July. Coronavirus cases continued to rise in [&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-366472","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\/366472","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=366472"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366472\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}