{"id":406037,"date":"2021-03-20T11:44:03","date_gmt":"2021-03-20T06:14:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406037"},"modified":"2021-03-20T12:38:43","modified_gmt":"2021-03-20T07:08:43","slug":"oil-prices-edge-higher-after-sell-off-driven-by-demand-concerns-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-edge-higher-after-sell-off-driven-by-demand-concerns-2\/","title":{"rendered":"Oil prices edge higher after sell-off driven by demand concerns"},"content":{"rendered":"<p>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 per cent, at $63.59 a barrel by 1450 GMT. West Texas Intermediate (WTI) US crude rose 37 cents, or 0.6 per cent, to $60.37. Both traded within a wide range of more than $2 a barrel on Friday.<\/p>\n<p>Oil closed about 7 per cent 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>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 per cent, at $63.59 a barrel by 1450 GMT. West Texas Intermediate (WTI) US crude rose 37 cents, or 0.6 per cent, to $60.37. Both traded within a wide range of more than $2 a barrel on Friday. Oil closed about 7 per cent down on Thursday as several large European economies [&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-406037","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\/406037","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=406037"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406037\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}