{"id":378734,"date":"2020-10-16T10:39:05","date_gmt":"2020-10-16T05:09:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378734"},"modified":"2020-10-16T10:39:05","modified_gmt":"2020-10-16T05:09:05","slug":"oil-falls-as-possible-opec-supply-boost-covid-19-spike-weigh-on-sentiment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-as-possible-opec-supply-boost-covid-19-spike-weigh-on-sentiment\/","title":{"rendered":"Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment"},"content":{"rendered":"<p>Oil prices fell on Friday on concerns that major producers will move ahead with plans to ease their supply cuts even as a spike in COVID-19 cases in Europe and the United States is curtailing demand in two of the world&#8217;s biggest fuel consuming regions.<\/p>\n<p>Brent crude futures for December dropped 22 cents, or 0.5%, to $42.94 a barrel by 0154 GMT, while U.S. West Texas Intermediate (WTI) crude futures for November delivery slid 16 cents, or 0.4%, to $40.8 a barrel.<\/p>\n<p>Both benchmarks fell slightly the previous day; however, they are headed for small gains for the week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Friday on concerns that major producers will move ahead with plans to ease their supply cuts even as a spike in COVID-19 cases in Europe and the United States is curtailing demand in two of the world&#8217;s biggest fuel consuming regions. Brent crude futures for December dropped 22 cents, or 0.5%, to $42.94 a barrel by 0154 GMT, while U.S. West Texas Intermediate (WTI) crude futures for November delivery slid 16 cents, or 0.4%, to $40.8 a barrel. Both benchmarks fell slightly the previous day; however, they are headed for small gains for the week.<\/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-378734","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\/378734","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=378734"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378734\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}