{"id":367764,"date":"2020-08-14T12:23:39","date_gmt":"2020-08-14T06:53:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367764"},"modified":"2020-08-14T12:23:39","modified_gmt":"2020-08-14T06:53:39","slug":"oil-steady-after-iea-lowers-demand-forecast-us-stocks-fall","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-after-iea-lowers-demand-forecast-us-stocks-fall\/","title":{"rendered":"Oil steady after IEA lowers demand forecast, US stocks fall"},"content":{"rendered":"<p>Oil prices held largely steady on Thursday after the International Energy Agency lowered its 2020 oil demand forecast following unprecedented travel restrictions and data showing a decline in U.S. inventories provided some support.<\/p>\n<p>Brent crude was down 10 cents, or 0.2%, to $45.33 a barrel by 1348 GMT, and West Texas Intermediate (WTI) was up 1 cent, or less than 0.1%, at $42.68 a barrel.<\/p>\n<p>\u201cThe oil market enjoys some calm summer weeks, seemingly taking a break from the turbulent times earlier this year,\u201d said Norbert R\u00fccker, analyst Swiss bank Julius Baer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices held largely steady on Thursday after the International Energy Agency lowered its 2020 oil demand forecast following unprecedented travel restrictions and data showing a decline in U.S. inventories provided some support. Brent crude was down 10 cents, or 0.2%, to $45.33 a barrel by 1348 GMT, and West Texas Intermediate (WTI) was up 1 cent, or less than 0.1%, at $42.68 a barrel. \u201cThe oil market enjoys some calm summer weeks, seemingly taking a break from the turbulent times earlier this year,\u201d said Norbert R\u00fccker, analyst Swiss bank Julius Baer.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,219],"tags":[],"class_list":["post-367764","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367764","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367764"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367764\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}