{"id":397738,"date":"2021-01-29T08:55:35","date_gmt":"2021-01-29T03:25:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397738"},"modified":"2021-01-29T09:54:27","modified_gmt":"2021-01-29T04:24:27","slug":"oil-steadies-at-55-89-a-barrel-as-covid-19-induced-demand-worries-persist","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steadies-at-55-89-a-barrel-as-covid-19-induced-demand-worries-persist\/","title":{"rendered":"Oil steadies at $55.89 a barrel as Covid-19-induced demand worries persist"},"content":{"rendered":"<p>Oil steadied on Thursday after early declines fuelled by delays to vaccine rollouts and fresh travel curbs to prevent new coronavirus outbreaks. <\/p>\n<p>Brent crude futures were up 8 cents, or 0.1%, at $55.89 a barrel by 1331 GMT, having hit a session low of $55.31. <\/p>\n<p>US West Texas Intermediate (WTI) crude futures were down 8 cents, or 0.2%, at $52.77 after dropping as low as $52.22. <\/p>\n<p>Oil prices were supported by data on Wednesday showing a huge 10 million barrel decline in US crude inventories last week, which analysts said was because of a pick-up in US crude exports and a drop in imports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil steadied on Thursday after early declines fuelled by delays to vaccine rollouts and fresh travel curbs to prevent new coronavirus outbreaks. Brent crude futures were up 8 cents, or 0.1%, at $55.89 a barrel by 1331 GMT, having hit a session low of $55.31. US West Texas Intermediate (WTI) crude futures were down 8 cents, or 0.2%, at $52.77 after dropping as low as $52.22. Oil prices were supported by data on Wednesday showing a huge 10 million barrel decline in US crude inventories last week, which analysts said was because of a pick-up in US crude exports and [&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":[135,130,169],"tags":[],"class_list":["post-397738","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397738","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=397738"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397738\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}