{"id":388622,"date":"2020-12-08T12:16:20","date_gmt":"2020-12-08T06:46:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388622"},"modified":"2020-12-08T12:57:55","modified_gmt":"2020-12-08T07:27:55","slug":"oil-prices-fall-on-surging-coronavirus-cases-and-us-china-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-on-surging-coronavirus-cases-and-us-china-tensions\/","title":{"rendered":"Oil prices fall on surging coronavirus cases and US-China tensions"},"content":{"rendered":"<p>Oil prices slipped on Monday as the positive impact from Covid-19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China.<\/p>\n<p>Brent crude fell 76 cents, or 1.5%, to $48.49 a barrel by 0911 GMT. US crude was down 82 cents, or 1.8%, at $45.44.<\/p>\n<p>\u201cSurging virus cases and a Reuters report signalling the United States is preparing new sanctions on Chinese officials &#8230; outweighed the positive sentiment driven by vaccine news,\u201d said Hussein Sayed, chief market strategist at FXTM.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped on Monday as the positive impact from Covid-19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the United States and China. Brent crude fell 76 cents, or 1.5%, to $48.49 a barrel by 0911 GMT. US crude was down 82 cents, or 1.8%, at $45.44. \u201cSurging virus cases and a Reuters report signalling the United States is preparing new sanctions on Chinese officials &#8230; outweighed the positive sentiment driven by vaccine news,\u201d said Hussein Sayed, chief market strategist at FXTM.<\/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-388622","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\/388622","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=388622"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388622\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}