{"id":369715,"date":"2020-08-25T09:12:59","date_gmt":"2020-08-25T03:42:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=369715"},"modified":"2020-08-25T11:22:55","modified_gmt":"2020-08-25T05:52:55","slug":"oil-prices-steady-as-double-trouble-storms-bear-down-on-gulf-of-mexico","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-as-double-trouble-storms-bear-down-on-gulf-of-mexico\/","title":{"rendered":"Oil prices steady as &#8216;double trouble&#8217; storms bear down on Gulf of Mexico"},"content":{"rendered":"<p>Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region&#8217;s oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns.<\/p>\n<p>Brent futures slipped 2 cents, or 0.1 per cent, to $44.33 a barrel by 0316 GMT, while US West Texas Intermediate crude was down 2 cents, or 0.1 per cent, to $42.32 a barrel. Both benchmark contracts had risen early on Monday.<\/p>\n<p>On Sunday, Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico, forcing energy companies to pull workers from offshore platforms and shut down oil output.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region&#8217;s oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns. Brent futures slipped 2 cents, or 0.1 per cent, to $44.33 a barrel by 0316 GMT, while US West Texas Intermediate crude was down 2 cents, or 0.1 per cent, to $42.32 a barrel. Both benchmark contracts had risen early on Monday. On Sunday, Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico, forcing energy companies [&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-369715","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\/369715","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=369715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/369715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=369715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=369715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=369715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}