{"id":366578,"date":"2020-08-07T10:27:18","date_gmt":"2020-08-07T04:57:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366578"},"modified":"2020-08-07T11:00:12","modified_gmt":"2020-08-07T05:30:12","slug":"oil-prices-under-five-month-highs-on-weaker-dollar-low-us-crude-inventory-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-under-five-month-highs-on-weaker-dollar-low-us-crude-inventory-2\/","title":{"rendered":"Oil prices under five-month highs on weaker dollar, low US crude inventory"},"content":{"rendered":"<p>Oil prices slipped just below five-month highs on Thursday, with support from a weak dollar and falling US crude inventories undermined by bearish sentiment about fuel demand. <\/p>\n<p>Brent crude fell 7 cents to $45.10 a barrel by 0802 GMT, while US crude was down 25 cents at $41.94. <\/p>\n<p>The two benchmarks rose to their highest since March 6, completing a four-day rally, after the Energy Information Administration reported a much bigger than expected drop in US crude stockpiles. <\/p>\n<p>The dollar index, which measures the greenback against a basket of six major currencies, logged its biggest monthly percentage fall in a decade in July and a Reuters poll found analysts expected it to continue falling into next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped just below five-month highs on Thursday, with support from a weak dollar and falling US crude inventories undermined by bearish sentiment about fuel demand. Brent crude fell 7 cents to $45.10 a barrel by 0802 GMT, while US crude was down 25 cents at $41.94. The two benchmarks rose to their highest since March 6, completing a four-day rally, after the Energy Information Administration reported a much bigger than expected drop in US crude stockpiles. The dollar index, which measures the greenback against a basket of six major currencies, logged its biggest monthly percentage fall in a [&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-366578","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\/366578","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=366578"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366578\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}