{"id":376790,"date":"2020-10-05T11:20:25","date_gmt":"2020-10-05T05:50:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=376790"},"modified":"2020-10-05T11:57:44","modified_gmt":"2020-10-05T06:27:44","slug":"oil-loses-4-after-trump-gets-coronavirus-and-economies-wobble","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-loses-4-after-trump-gets-coronavirus-and-economies-wobble\/","title":{"rendered":"Oil loses 4% after Trump gets coronavirus and economies wobble"},"content":{"rendered":"<p>Oil prices fell more than 4% on Friday, and posted a second weekly decline after U.S. President Donald Trump tested positive for COVID-19, roiling risky assets, and as rising global crude output threatened to overwhelm the market\u2019s weak recovery. <\/p>\n<p>Benchmark Brent and U.S. crude each posted a second straight week of losses. The uncertainty surrounding the U.S. president\u2019s health added to a series of jitters, including a lackluster U.S. unemployment report and increased supply from major world oil producers. <\/p>\n<p>\u201cIt\u2019s been a rough week, and now the president\u2019s diagnosis sends a shudder through markets,\u201d said John Kilduff, partner at Again Capital in New York. \u201cThe COVID-19 pandemic has weighed more on the oil market than any other asset class.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell more than 4% on Friday, and posted a second weekly decline after U.S. President Donald Trump tested positive for COVID-19, roiling risky assets, and as rising global crude output threatened to overwhelm the market\u2019s weak recovery. Benchmark Brent and U.S. crude each posted a second straight week of losses. The uncertainty surrounding the U.S. president\u2019s health added to a series of jitters, including a lackluster U.S. unemployment report and increased supply from major world oil producers. \u201cIt\u2019s been a rough week, and now the president\u2019s diagnosis sends a shudder through markets,\u201d said John Kilduff, partner at Again [&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":[130],"tags":[],"class_list":["post-376790","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376790","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=376790"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376790\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=376790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=376790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=376790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}