{"id":368309,"date":"2020-08-18T10:33:15","date_gmt":"2020-08-18T05:03:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368309"},"modified":"2020-08-18T10:33:15","modified_gmt":"2020-08-18T05:03:15","slug":"oil-edges-lower-on-rising-virus-cases-us-china-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-edges-lower-on-rising-virus-cases-us-china-tensions\/","title":{"rendered":"Oil edges lower on rising virus cases, US-China tensions"},"content":{"rendered":"<p>Oil prices edged lower on Monday on rising coronavirus cases particularly in Europe and tensions between major consumers China and the United States, although China&#8217;s plans to increase US crude imports curbed the losses.<\/p>\n<p>Brent crude fell 17 cents, or 0.4%, to $44.63 a barrel by 1206 GMT, and US West Texas Intermediate crude was down 9 cents, or 0.2%, to $41.92 a barrel.<\/p>\n<p>&#8220;Clearly the market is not tightening as quickly as initially anticipated. Demand is taking longer than expected to get back to normal levels,&#8221; ING Group said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged lower on Monday on rising coronavirus cases particularly in Europe and tensions between major consumers China and the United States, although China&#8217;s plans to increase US crude imports curbed the losses. Brent crude fell 17 cents, or 0.4%, to $44.63 a barrel by 1206 GMT, and US West Texas Intermediate crude was down 9 cents, or 0.2%, to $41.92 a barrel. &#8220;Clearly the market is not tightening as quickly as initially anticipated. Demand is taking longer than expected to get back to normal levels,&#8221; ING Group said.<\/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":[139,130,187],"tags":[],"class_list":["post-368309","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368309","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=368309"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368309\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}