{"id":384918,"date":"2020-11-19T10:21:55","date_gmt":"2020-11-19T04:51:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384918"},"modified":"2020-11-19T10:21:55","modified_gmt":"2020-11-19T04:51:55","slug":"oil-pares-gains-as-fresh-virus-curbs-stoke-demand-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-pares-gains-as-fresh-virus-curbs-stoke-demand-concerns\/","title":{"rendered":"Oil pares gains as fresh virus curbs stoke demand concerns"},"content":{"rendered":"<p>Oil edged lower from a two-month high after news of fresh coronavirus restrictions in New York reignited pessimism on the demand outlook, even as a vaccine appears to be getting closer.<\/p>\n<p>Futures slipped 0.4% in New York after rising 0.9% on Wednesday. The market gave up some gains in early Asian trading after New York City shut schools because of rising infections. Prices had surged after Pfizer Inc. said a final analysis of clinical-trial data indicated its Covid-19 vaccine was 95% effective, spurring hopes for an eventual rebound in consumption.<\/p>\n<p>U.S. crude stockpiles, meanwhile, posted a smaller-than-expected gain last week, according to the Energy Information Administration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil edged lower from a two-month high after news of fresh coronavirus restrictions in New York reignited pessimism on the demand outlook, even as a vaccine appears to be getting closer. Futures slipped 0.4% in New York after rising 0.9% on Wednesday. The market gave up some gains in early Asian trading after New York City shut schools because of rising infections. Prices had surged after Pfizer Inc. said a final analysis of clinical-trial data indicated its Covid-19 vaccine was 95% effective, spurring hopes for an eventual rebound in consumption. U.S. crude stockpiles, meanwhile, posted a smaller-than-expected gain last week, [&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":[139,130,187],"tags":[],"class_list":["post-384918","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\/384918","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=384918"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384918\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}