{"id":404554,"date":"2021-03-12T10:02:11","date_gmt":"2021-03-12T04:32:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404554"},"modified":"2021-03-12T10:02:11","modified_gmt":"2021-03-12T04:32:11","slug":"oil-holds-gains-near-66-with-signs-fuel-consumption-expanding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-gains-near-66-with-signs-fuel-consumption-expanding\/","title":{"rendered":"Oil holds gains near $66 with signs fuel consumption expanding"},"content":{"rendered":"<p>Oil held gains near $66 a barrel in early Asian trading amid signs a recovery in fuel consumption is accelerating and after the U.S. enacted a massive pandemic relief program that lifted markets in general.<\/p>\n<p>Futures in New York were steady after advancing 2.5% on Thursday, the most in almost a week. Vehicle miles driven on American highways increased 10% last week from the previous seven days, while U.K. road use has also been rising. The passing of the $1.9 trillion stimulus deal will see aid flowing to millions of individuals, businesses and local governments as early as this weekend.<\/p>\n<p>The Organization of Petroleum Exporting Countries, meanwhile, sounded a note of caution in the demand outlook on Thursday, trimming its estimates for the amount of crude it will need to pump over the next two quarters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil held gains near $66 a barrel in early Asian trading amid signs a recovery in fuel consumption is accelerating and after the U.S. enacted a massive pandemic relief program that lifted markets in general. Futures in New York were steady after advancing 2.5% on Thursday, the most in almost a week. Vehicle miles driven on American highways increased 10% last week from the previous seven days, while U.K. road use has also been rising. The passing of the $1.9 trillion stimulus deal will see aid flowing to millions of individuals, businesses and local governments as early as this weekend. [&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-404554","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\/404554","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=404554"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404554\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}