{"id":381974,"date":"2020-11-03T11:14:30","date_gmt":"2020-11-03T05:44:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381974"},"modified":"2020-11-03T11:14:30","modified_gmt":"2020-11-03T05:44:30","slug":"oil-prices-crash-on-demand-concerns-as-many-countries-extend-covid-lockdown","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-crash-on-demand-concerns-as-many-countries-extend-covid-lockdown\/","title":{"rendered":"Oil prices crash on demand concerns as many countries extend covid lockdown"},"content":{"rendered":"<p>Oil prices fell 4% on Monday on worries that widening coronavirus lockdowns in Europe would weaken fuel demand and amid concerns about turbulence over this week&#8217;s U.S. presidential election.<\/p>\n<p>Brent crude futures for January dropped $1.49, or 3.9%, to $36.45 a barrel by 0745 GMT, while U.S. West Texas Intermediate (WTI) futures fell $1.58, or 4.4%, to $34.21.<\/p>\n<p>Brent fell as much as 5.8% and WTI as much as 6% in early trade, hitting their lowest levels since May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell 4% on Monday on worries that widening coronavirus lockdowns in Europe would weaken fuel demand and amid concerns about turbulence over this week&#8217;s U.S. presidential election. Brent crude futures for January dropped $1.49, or 3.9%, to $36.45 a barrel by 0745 GMT, while U.S. West Texas Intermediate (WTI) futures fell $1.58, or 4.4%, to $34.21. Brent fell as much as 5.8% and WTI as much as 6% in early trade, hitting their lowest levels since May.<\/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-381974","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\/381974","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=381974"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381974\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}