{"id":373052,"date":"2020-09-10T12:16:49","date_gmt":"2020-09-10T06:46:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373052"},"modified":"2020-09-10T12:21:47","modified_gmt":"2020-09-10T06:51:47","slug":"oil-surges-with-stronger-equities-and-tighter-us-supply-view","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-surges-with-stronger-equities-and-tighter-us-supply-view\/","title":{"rendered":"Oil surges with stronger equities and tighter US supply view"},"content":{"rendered":"<p>Oil\u2019s rally raced forward alongside broader equities markets, boosted by expectations that U.S. crude stockpiles will decline.<\/p>\n<p>Futures in New York surged more than 4%, after settling yesterday at the lowest level since June, moving in tandem with stronger equities on Wednesday. Brent regained its technical footing, sharply rising above the 100-day moving average.<\/p>\n<p>The 14-day Relative Strength Index for futures in London and New York was below 30 on Tuesday for the first time since April, signaling the two benchmarks were oversold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil\u2019s rally raced forward alongside broader equities markets, boosted by expectations that U.S. crude stockpiles will decline. Futures in New York surged more than 4%, after settling yesterday at the lowest level since June, moving in tandem with stronger equities on Wednesday. Brent regained its technical footing, sharply rising above the 100-day moving average. The 14-day Relative Strength Index for futures in London and New York was below 30 on Tuesday for the first time since April, signaling the two benchmarks were oversold.<\/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":[141,130,183],"tags":[],"class_list":["post-373052","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373052","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=373052"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373052\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}