{"id":382568,"date":"2020-11-05T12:09:36","date_gmt":"2020-11-05T06:39:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382568"},"modified":"2020-11-05T12:52:44","modified_gmt":"2020-11-05T07:22:44","slug":"oil-rises-after-donald-trumps-falsely-claims-victory-in-tight-us-election","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-rises-after-donald-trumps-falsely-claims-victory-in-tight-us-election\/","title":{"rendered":"Oil rises after Donald Trump\u2019s falsely claims victory in tight US election"},"content":{"rendered":"<p>Oil prices rose nearly 3% on Wednesday after President Donald Trump falsely claimed victory in a tight US election with millions of votes still to be counted and the final result not yet clear.<\/p>\n<p>A victory by Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led oil production cuts to support prices.<\/p>\n<p>A contested result and prolonged uncertainty is seen as the most bearish outcome for oil and markets in general, while a win for Joe Biden would be seen as bearish to neutral because of his support for green policies and softer stance on Iran.<\/p>\n<p>West Texas Intermediate was up 86 cents, or 2.3%, at $38.52 a barrel by 1350 GMT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose nearly 3% on Wednesday after President Donald Trump falsely claimed victory in a tight US election with millions of votes still to be counted and the final result not yet clear. A victory by Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led oil production cuts to support prices. A contested result and prolonged uncertainty is seen as the most bearish outcome for oil and markets in general, while a win for Joe Biden would be seen as bearish to neutral because of his support for green policies and [&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-382568","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\/382568","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=382568"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382568\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}