{"id":378001,"date":"2020-10-13T10:40:47","date_gmt":"2020-10-13T05:10:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378001"},"modified":"2020-10-13T10:40:47","modified_gmt":"2020-10-13T05:10:47","slug":"oil-falls-near-40-with-supply-constraints-beginning-to-ease","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-near-40-with-supply-constraints-beginning-to-ease\/","title":{"rendered":"Oil falls near $40 with supply constraints beginning to ease"},"content":{"rendered":"<p>Oil dropped for a second day as operations in the US Gulf of Mexico started to resume following Hurricane Delta making landfall and Libya took a major step toward reopening its biggest field.<\/p>\n<p>Futures in New York fell to near $40 a barrel. Crude explorers and tugboat operators got back to work on Saturday after Delta, which had shut about 92% of oil production, made landfall as a hurricane. Libya\u2019s National Oil Corp. lifted force majeure on the nation\u2019s largest field which will reach its daily capacity of almost 300,000 barrels in 10 days, a person with knowledge of the situation said.<\/p>\n<p>As well as the US and Libya, a strike in Norway was canceled on Friday which added more bearish supply news. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil dropped for a second day as operations in the US Gulf of Mexico started to resume following Hurricane Delta making landfall and Libya took a major step toward reopening its biggest field. Futures in New York fell to near $40 a barrel. Crude explorers and tugboat operators got back to work on Saturday after Delta, which had shut about 92% of oil production, made landfall as a hurricane. Libya\u2019s National Oil Corp. lifted force majeure on the nation\u2019s largest field which will reach its daily capacity of almost 300,000 barrels in 10 days, a person with knowledge of the [&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-378001","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\/378001","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=378001"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378001\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}