{"id":374956,"date":"2020-09-24T08:41:49","date_gmt":"2020-09-24T03:11:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=374956"},"modified":"2020-09-24T09:40:33","modified_gmt":"2020-09-24T04:10:33","slug":"oil-prices-rise-over-1-after-us-crude-fuel-stockpiles-draw-down","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rise-over-1-after-us-crude-fuel-stockpiles-draw-down\/","title":{"rendered":"Oil prices rise over 1% after US crude, fuel stockpiles draw down"},"content":{"rendered":"<p>Oil rose more than 1% on Wednesday, supported by US government data that showed crude and fuel inventories dropped last week, although concerns about the ongoing coronavirus pandemic capped gains. <\/p>\n<p>Brent crude rose 53 cents, or 1.3%, to $42.25 a barrel by 10:54 a.m. EDT (1454 GMT). US West Texas Intermediate crude gained 55 cents, or 1.4%, to $40.35 a barrel. <\/p>\n<p>US crude, gasoline and distillate inventories all fell last week, Energy Information Administration data showed. <\/p>\n<p>Crude inventories fell by 1.6 million barrels, less than forecast; gasoline stocks dropped more than expected, sliding by 4 million barrels; while distillate stockpiles posted a surprise drawdown of 3.4 million barrels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil rose more than 1% on Wednesday, supported by US government data that showed crude and fuel inventories dropped last week, although concerns about the ongoing coronavirus pandemic capped gains. Brent crude rose 53 cents, or 1.3%, to $42.25 a barrel by 10:54 a.m. EDT (1454 GMT). US West Texas Intermediate crude gained 55 cents, or 1.4%, to $40.35 a barrel. US crude, gasoline and distillate inventories all fell last week, Energy Information Administration data showed. Crude inventories fell by 1.6 million barrels, less than forecast; gasoline stocks dropped more than expected, sliding by 4 million barrels; while distillate stockpiles [&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-374956","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\/374956","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=374956"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374956\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=374956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=374956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=374956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}