{"id":405255,"date":"2021-03-17T08:45:31","date_gmt":"2021-03-17T03:15:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405255"},"modified":"2021-03-17T09:30:44","modified_gmt":"2021-03-17T04:00:44","slug":"oil-prices-drop-2-as-covid-19-vaccine-halt-threatens-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-drop-2-as-covid-19-vaccine-halt-threatens-demand\/","title":{"rendered":"Oil prices drop 2% as Covid-19 vaccine halt threatens demand"},"content":{"rendered":"<p>Oil prices fell for a third day on Tuesday, as moves by Germany, France and other European states suspended the use of a major coronavirus vaccine, which threatens the recovery of fuel demand. <\/p>\n<p>Brent was down $1.10, or 1.6%, to $67.78 a barrel by 10:58 a.m. EDT (1458 GMT). US crude fell $1.26, or 1.9%, to $64.13 a barrel. <\/p>\n<p>Earlier this month, Brent reached its highest since early 2020, while US crude hit a 2018 high. <\/p>\n<p>Germany, France and Italy said they would suspend the use of the Oxford\/AstraZeneca vaccine after reports about possible serious side effects, although the World Health Organization said there was no established link to the vaccine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell for a third day on Tuesday, as moves by Germany, France and other European states suspended the use of a major coronavirus vaccine, which threatens the recovery of fuel demand. Brent was down $1.10, or 1.6%, to $67.78 a barrel by 10:58 a.m. EDT (1458 GMT). US crude fell $1.26, or 1.9%, to $64.13 a barrel. Earlier this month, Brent reached its highest since early 2020, while US crude hit a 2018 high. Germany, France and Italy said they would suspend the use of the Oxford\/AstraZeneca vaccine after reports about possible serious side effects, although the World [&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-405255","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\/405255","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=405255"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405255\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}