{"id":388859,"date":"2020-12-10T08:44:52","date_gmt":"2020-12-10T03:14:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388859"},"modified":"2020-12-10T09:38:22","modified_gmt":"2020-12-10T04:08:22","slug":"oil-prices-near-50-as-coronavirus-vaccine-fuels-demand-recovery-hopes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-near-50-as-coronavirus-vaccine-fuels-demand-recovery-hopes\/","title":{"rendered":"Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes"},"content":{"rendered":"<p>Oil prices climbed as news about Covid-19 vaccines lifted investor hopes for a recovery in fuel demand and the dollar, in which oil is traded, reached 2 1\/2-year lows. <\/p>\n<p>Brent crude rose 51 cents, or 1 per cent, to $49.35 a barrel by 7:35 pm IST. West Texas Inter-mediate (WTI) crude climbed 51 cents, up 1 per cent, to $49.35. <\/p>\n<p>The dollar fell on Wednesday as vaccine progress boosted risk appetite amid prospects of more US fiscal stimulus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices climbed as news about Covid-19 vaccines lifted investor hopes for a recovery in fuel demand and the dollar, in which oil is traded, reached 2 1\/2-year lows. Brent crude rose 51 cents, or 1 per cent, to $49.35 a barrel by 7:35 pm IST. West Texas Inter-mediate (WTI) crude climbed 51 cents, up 1 per cent, to $49.35. The dollar fell on Wednesday as vaccine progress boosted risk appetite amid prospects of more US fiscal stimulus.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130],"tags":[],"class_list":["post-388859","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388859","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=388859"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388859\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}