{"id":371979,"date":"2020-09-05T08:54:50","date_gmt":"2020-09-05T03:24:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=371979"},"modified":"2020-09-05T09:23:29","modified_gmt":"2020-09-05T03:53:29","slug":"oil-holds-near-44-barrel-heads-for-biggest-weekly-drop-on-demand-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-near-44-barrel-heads-for-biggest-weekly-drop-on-demand-concerns\/","title":{"rendered":"Oil holds near $44\/barrel, heads for biggest weekly drop on demand concerns"},"content":{"rendered":"<p>LONDON (Reuters) &#8211; Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from the COVID-19 pandemic. <\/p>\n<p>A U.S. government report showed domestic gasoline demand fell in the latest week. Middle distillates inventories at Asia&#8217;s oil hub Singapore have soared above a nine-year high, official data showed.. <\/p>\n<p>Brent crude, the international benchmark, was up 5 cents, or 0.1%, to $44.12 at 0745 GMT, heading for a 2.3% drop this week. U.S. West Texas Intermediate (WTI) fell 3 cents to $41.34, set for the first weekly drop in five weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) &#8211; Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from the COVID-19 pandemic. A U.S. government report showed domestic gasoline demand fell in the latest week. Middle distillates inventories at Asia&#8217;s oil hub Singapore have soared above a nine-year high, official data showed.. Brent crude, the international benchmark, was up 5 cents, or 0.1%, to $44.12 at 0745 GMT, heading for a 2.3% drop this week. U.S. West Texas Intermediate (WTI) fell 3 cents to $41.34, set [&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-371979","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\/371979","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=371979"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371979\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}