{"id":380015,"date":"2020-10-22T12:10:54","date_gmt":"2020-10-22T06:40:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=380015"},"modified":"2020-10-22T13:32:10","modified_gmt":"2020-10-22T08:02:10","slug":"oil-slips-on-weaker-demand-outlook-after-us-gasoline-stocks-build-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slips-on-weaker-demand-outlook-after-us-gasoline-stocks-build-2\/","title":{"rendered":"Oil slips on weaker demand outlook after US gasoline stocks build"},"content":{"rendered":"<p>Oil prices dropped in early trade on Thursday, adding to heavy losses overnight, after a build in US gasoline inventories pointed to a deteriorating outlook for fuel demand as coronavirus cases soar in North America and Europe. <\/p>\n<p>US West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.7%, to $39.76 a barrel at 0127 GMT, after skidding 4% on Wednesday.<\/p>\n<p>Brent crude futures retreated 21 cents, or 0.5%, to $41.52 a barrel after sliding 3.3% on Wednesday.<\/p>\n<p>US gasoline stocks rose by 1.9 million barrels in the week to Oct. 16, the Energy Information Administration (EIA) said, compared with expectations for a 1.8 million-barrel drop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped in early trade on Thursday, adding to heavy losses overnight, after a build in US gasoline inventories pointed to a deteriorating outlook for fuel demand as coronavirus cases soar in North America and Europe. US West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.7%, to $39.76 a barrel at 0127 GMT, after skidding 4% on Wednesday. Brent crude futures retreated 21 cents, or 0.5%, to $41.52 a barrel after sliding 3.3% on Wednesday. US gasoline stocks rose by 1.9 million barrels in the week to Oct. 16, the Energy Information Administration (EIA) said, compared with [&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":[141,130,183],"tags":[],"class_list":["post-380015","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380015","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=380015"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380015\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=380015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=380015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=380015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}