{"id":381718,"date":"2020-11-02T12:06:47","date_gmt":"2020-11-02T06:36:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381718"},"modified":"2020-11-02T12:06:47","modified_gmt":"2020-11-02T06:36:47","slug":"oil-prices-slump-4-on-jitters-over-europe-lockdowns-us-elections","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slump-4-on-jitters-over-europe-lockdowns-us-elections\/","title":{"rendered":"Oil prices slump 4% on jitters over Europe lockdowns, US elections"},"content":{"rendered":"<p>Oil prices slumped more than 4% on Monday to the lowest levels since May on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the US. Presidential election week.<\/p>\n<p>Brent crude for January was at $36.32 a barrel, down $1.62, or 4.3%, by 0018 GMT, while US West Texas Intermediate fell $1.62, or 4.5%, to $34.17 a barrel. Brent earlier hit a low of $35.74 a barrel while WTI slipped to $33.64 a barrel.<\/p>\n<p>Countries across Europe have reimposed lockdown measures aimed at slowing Covid-19 infection rates which have accelerated in the continent in the past month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slumped more than 4% on Monday to the lowest levels since May on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the US. Presidential election week. Brent crude for January was at $36.32 a barrel, down $1.62, or 4.3%, by 0018 GMT, while US West Texas Intermediate fell $1.62, or 4.5%, to $34.17 a barrel. Brent earlier hit a low of $35.74 a barrel while WTI slipped to $33.64 a barrel. Countries across Europe have reimposed lockdown measures aimed at slowing Covid-19 infection rates which have accelerated in [&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":[141,130,183],"tags":[],"class_list":["post-381718","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\/381718","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=381718"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381718\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}