{"id":377122,"date":"2020-10-07T10:02:08","date_gmt":"2020-10-07T04:32:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=377122"},"modified":"2020-10-07T10:02:08","modified_gmt":"2020-10-07T04:32:08","slug":"oil-falls-after-stimulus-talks-end-with-stockpiles-seen-swelling","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-after-stimulus-talks-end-with-stockpiles-seen-swelling\/","title":{"rendered":"Oil falls after stimulus talks end with stockpiles seen swelling"},"content":{"rendered":"<p>Oil retreated in New York after President Donald Trump said he\u2019s halting stimulus talks until after the election and as an industry report signaled U.S. crude stockpiles rose for the first time in four weeks.<\/p>\n<p>Futures declined 2.1% after climbing almost 10% in the previous two sessions. Trump told his negotiators to stop discussions with Democratic leaders just hours after Federal Reserve Chair Jerome Powell stepped up his call for more spending to avoid damaging the economic recovery. Meanwhile, the American Petroleum Institute reported crude inventories expanded by 951,000 barrels last week, according to people familiar. Government data is due Wednesday.<\/p>\n<p>Oil has been whipsawed the past few days, sliding after Trump\u2019s Covid-19 diagnosis before surging on his release from hospital and optimism a stimulus package might be completed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil retreated in New York after President Donald Trump said he\u2019s halting stimulus talks until after the election and as an industry report signaled U.S. crude stockpiles rose for the first time in four weeks. Futures declined 2.1% after climbing almost 10% in the previous two sessions. Trump told his negotiators to stop discussions with Democratic leaders just hours after Federal Reserve Chair Jerome Powell stepped up his call for more spending to avoid damaging the economic recovery. Meanwhile, the American Petroleum Institute reported crude inventories expanded by 951,000 barrels last week, according to people familiar. Government data is due [&hellip;]<\/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":[139,130,187],"tags":[],"class_list":["post-377122","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377122","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=377122"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377122\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}