{"id":394783,"date":"2021-01-12T11:27:59","date_gmt":"2021-01-12T05:57:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=394783"},"modified":"2021-01-12T12:48:32","modified_gmt":"2021-01-12T07:18:32","slug":"oil-falls-on-renewed-lockdowns-stronger-dollar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-renewed-lockdowns-stronger-dollar\/","title":{"rendered":"Oil falls on renewed lockdowns, stronger dollar"},"content":{"rendered":"<p>Brent crude oil prices fell as much as $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns around the world, as well as a stronger U.S. dollar.<\/p>\n<p>Brent was down 57 cents, or 1%, at $55.42 a barrel at 1205 GMT, after falling $1 to a session low of $54.99 earlier.<\/p>\n<p>U.S. West Texas Intermediate (WTI) slipped 26 cents, or 0.5%, to $51.98 a barrel.<\/p>\n<p>&#8220;The renewed concerns about demand due to very high numbers of new corona cases and further mobility restrictions, plus the stronger U.S. dollar, are generating selling pressure,&#8221; Commerzbank analyst Eugen Weinberg said.<\/p>\n<p>Worldwide coronavirus cases surpassed 90 million, according to a Reuters tally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent crude oil prices fell as much as $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns around the world, as well as a stronger U.S. dollar. Brent was down 57 cents, or 1%, at $55.42 a barrel at 1205 GMT, after falling $1 to a session low of $54.99 earlier. U.S. West Texas Intermediate (WTI) slipped 26 cents, or 0.5%, to $51.98 a barrel. &#8220;The renewed concerns about demand due to very high numbers of new corona cases and further mobility restrictions, plus the stronger U.S. dollar, are generating selling pressure,&#8221; [&hellip;]<\/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":[130,191,136],"tags":[],"class_list":["post-394783","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394783","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=394783"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394783\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=394783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=394783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=394783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}