{"id":405916,"date":"2021-03-20T08:49:20","date_gmt":"2021-03-20T03:19:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405916"},"modified":"2021-03-20T09:38:20","modified_gmt":"2021-03-20T04:08:20","slug":"oil-prices-edge-higher-after-sell-off-driven-by-fuel-demand-concerns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-edge-higher-after-sell-off-driven-by-fuel-demand-concerns\/","title":{"rendered":"Oil prices edge higher after sell-off driven by fuel demand concerns"},"content":{"rendered":"<p>LONDON (Reuters) &#8211; Oil prices rose slightly on Friday in a volatile trading session, following a big sell-off the previous day as a new wave of coronavirus infections across Europe triggered fresh lockdowns and dampened expectations of any imminent recovery in fuel demand. <\/p>\n<p>Brent crude was up 31 cents, or 0.5%, at $63.59 a barrel by 1450 GMT. West Texas Intermediate (WTI) U.S. crude rose 37 cents, or 0.6%, to $60.37. Both traded within a wide range of more than $2 a barrel on Friday.<\/p>\n<p>Oil closed about 7% down on Thursday as several large European economies reimposed lockdowns and vaccination programmes were slowed by distribution issues and concerns over potential side effects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) &#8211; Oil prices rose slightly on Friday in a volatile trading session, following a big sell-off the previous day as a new wave of coronavirus infections across Europe triggered fresh lockdowns and dampened expectations of any imminent recovery in fuel demand. Brent crude was up 31 cents, or 0.5%, at $63.59 a barrel by 1450 GMT. West Texas Intermediate (WTI) U.S. crude rose 37 cents, or 0.6%, to $60.37. Both traded within a wide range of more than $2 a barrel on Friday. Oil closed about 7% down on Thursday as several large European economies reimposed lockdowns 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-405916","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\/405916","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=405916"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405916\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}