{"id":375813,"date":"2020-09-29T10:56:41","date_gmt":"2020-09-29T05:26:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=375813"},"modified":"2020-09-29T10:56:41","modified_gmt":"2020-09-29T05:26:41","slug":"oil-steady-as-surging-virus-cases-cloud-demand-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-as-surging-virus-cases-cloud-demand-outlook\/","title":{"rendered":"Oil steady as surging virus cases cloud demand outlook"},"content":{"rendered":"<p>LONDON &#8211; Oil NSE 0.39 % prices were steady on Monday but on track for their first monthly fall since April as rising coronavirus cases continued to spur concerns about demand.<\/p>\n<p>Brent crude rose 12 cents, or 0.3%, to $42.04 a barrel by 1151 GMT. U.S. West Texas Intermediate was at $40.36 a barrel, up 11 cents or 0.3%.<\/p>\n<p>&#8220;Dollar strength and macroeconomic uncertainty are likely to keep dominating oil&#8217;s agenda this week,&#8221; said BNP Paribas analyst Harry Tchilinguirian, noting a firming dollar has helped mitigate recent losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON &#8211; Oil NSE 0.39 % prices were steady on Monday but on track for their first monthly fall since April as rising coronavirus cases continued to spur concerns about demand. Brent crude rose 12 cents, or 0.3%, to $42.04 a barrel by 1151 GMT. U.S. West Texas Intermediate was at $40.36 a barrel, up 11 cents or 0.3%. &#8220;Dollar strength and macroeconomic uncertainty are likely to keep dominating oil&#8217;s agenda this week,&#8221; said BNP Paribas analyst Harry Tchilinguirian, noting a firming dollar has helped mitigate recent losses.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-375813","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375813","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=375813"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375813\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=375813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=375813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=375813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}