{"id":403966,"date":"2021-03-09T11:42:25","date_gmt":"2021-03-09T06:12:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=403966"},"modified":"2021-03-09T12:21:53","modified_gmt":"2021-03-09T06:51:53","slug":"after-a-blip-oil-shows-gains-as-focus-returns-to-tightening-market","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/after-a-blip-oil-shows-gains-as-focus-returns-to-tightening-market\/","title":{"rendered":"After a blip, oil shows gains as focus returns to tightening market"},"content":{"rendered":"<p>Oil resumed gains in Asian trading with the market turning its focus back to the robust outlook after a blip caused by a stronger dollar.<\/p>\n<p>Futures in New York rose toward $66 a barrel after slipping Monday for the first time in four days. A rising currency wiped out solid gains following an attack on a major Saudi Arabian export crude terminal. The assault appears to have had no impact on shipments, but it\u2019s the latest in a series of incidents in the region amid a rapidly tightening market and improving demand.<\/p>\n<p>US refineries are resuming operations after the unprecedented cold blast last month and should start consuming more crude, while gasoline demand in California &#8212; the biggest American state &#8212; is picking up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil resumed gains in Asian trading with the market turning its focus back to the robust outlook after a blip caused by a stronger dollar. Futures in New York rose toward $66 a barrel after slipping Monday for the first time in four days. A rising currency wiped out solid gains following an attack on a major Saudi Arabian export crude terminal. The assault appears to have had no impact on shipments, but it\u2019s the latest in a series of incidents in the region amid a rapidly tightening market and improving demand. US refineries are resuming operations after the unprecedented [&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":[141,130,183],"tags":[],"class_list":["post-403966","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\/403966","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=403966"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403966\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=403966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=403966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=403966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}