{"id":396744,"date":"2021-01-22T10:41:21","date_gmt":"2021-01-22T05:11:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=396744"},"modified":"2021-01-22T10:41:21","modified_gmt":"2021-01-22T05:11:21","slug":"oil-dips-after-unexpected-rise-in-us-crude-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-dips-after-unexpected-rise-in-us-crude-stocks\/","title":{"rendered":"Oil dips after unexpected rise in US crude stocks"},"content":{"rendered":"<p>Oil slipped on Thursday after industry data showed a surprise increase in US crude inventories that revived pandemic-related demand concerns, but United States stimulus hopes limited the price downturn.<\/p>\n<p>Brent crude futures fell 47 cents, or 0.8%, to $55.61 a barrel by 1030 GMT.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures fell 43 cents, or 0.8%, to $52.88 a barrel, following two days of gains on expectations of massive COVID-19 relief spending under new US President Joe Biden.<\/p>\n<p>US crude oil inventories rose 2.6 million barrels in the week to Jan. 15, according to data from industry group the American Petroleum Institute, compared with analysts&#8217; forecasts in a Reuters poll for a 1.2 million barrel fall.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil slipped on Thursday after industry data showed a surprise increase in US crude inventories that revived pandemic-related demand concerns, but United States stimulus hopes limited the price downturn. Brent crude futures fell 47 cents, or 0.8%, to $55.61 a barrel by 1030 GMT. US West Texas Intermediate (WTI) crude futures fell 43 cents, or 0.8%, to $52.88 a barrel, following two days of gains on expectations of massive COVID-19 relief spending under new US President Joe Biden. US crude oil inventories rose 2.6 million barrels in the week to Jan. 15, according to data from industry group the American [&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-396744","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\/396744","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=396744"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396744\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=396744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=396744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=396744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}