{"id":405500,"date":"2021-03-18T09:21:03","date_gmt":"2021-03-18T03:51:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405500"},"modified":"2021-03-18T10:41:21","modified_gmt":"2021-03-18T05:11:21","slug":"oil-falls-a-fifth-day-lower-after-us-stockpile-build","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-a-fifth-day-lower-after-us-stockpile-build\/","title":{"rendered":"Oil falls a fifth day lower after US stockpile build"},"content":{"rendered":"<p>Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook.<\/p>\n<p>Brent crude was down 12 cents, or 0.2%, at $67.88 a barrel by 011:9 GMT after dropping by 0.6% on Wednesday. US oil was also down 12 cents, or 0.2%, at $64.48 a barrel, having fallen 0.3% the previous session.<\/p>\n<p>Government data on Wednesday showed US crude inventories have risen for four straight weeks after refineries in the south were forced to shut due to severe cold weather. An industry report estimating a 1 million barrel-drop had raised hopes the run of gains might have stopped.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook. Brent crude was down 12 cents, or 0.2%, at $67.88 a barrel by 011:9 GMT after dropping by 0.6% on Wednesday. US oil was also down 12 cents, or 0.2%, at $64.48 a barrel, having fallen 0.3% the previous session. Government data on Wednesday showed US crude inventories have risen for four straight weeks after refineries in the south were forced to shut due to severe cold weather. An industry [&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":[146,130,177],"tags":[],"class_list":["post-405500","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405500","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=405500"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405500\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}