{"id":384381,"date":"2020-11-17T10:35:41","date_gmt":"2020-11-17T05:05:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384381"},"modified":"2020-11-17T10:35:41","modified_gmt":"2020-11-17T05:05:41","slug":"oil-moves-higher-on-latest-covid-19-vaccine-progress","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-moves-higher-on-latest-covid-19-vaccine-progress\/","title":{"rendered":"Oil moves higher on latest COVID-19 vaccine progress"},"content":{"rendered":"<p>Oil prices climbed on Monday, recouping some losses from the previous session after US company Moderna Inc said its experimental vaccine was 94.5% effective in preventing COVID-19.<\/p>\n<p>Brent crude futures for January were up $1.48, or 3.5%, to $44.26 a barrel by 1215 GMT, while US West Texas Intermediate crude for December was at $41.63, up $1.5 or 3.7%.<\/p>\n<p>Prices were also buoyed by new data showing a rebound in the world&#8217;s second and third largest economies, China and Japan, as figures showed Chinese refineries processed the most crude ever in October on a daily basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices climbed on Monday, recouping some losses from the previous session after US company Moderna Inc said its experimental vaccine was 94.5% effective in preventing COVID-19. Brent crude futures for January were up $1.48, or 3.5%, to $44.26 a barrel by 1215 GMT, while US West Texas Intermediate crude for December was at $41.63, up $1.5 or 3.7%. Prices were also buoyed by new data showing a rebound in the world&#8217;s second and third largest economies, China and Japan, as figures showed Chinese refineries processed the most crude ever in October on a daily basis.<\/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-384381","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\/384381","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=384381"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384381\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}