{"id":410721,"date":"2021-04-15T10:31:29","date_gmt":"2021-04-15T05:01:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410721"},"modified":"2021-04-15T11:50:32","modified_gmt":"2021-04-15T06:20:32","slug":"oil-edges-lower-after-jumping-on-us-crude-stockpiles-draw","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-edges-lower-after-jumping-on-us-crude-stockpiles-draw\/","title":{"rendered":"Oil edges lower after jumping on US crude stockpiles draw"},"content":{"rendered":"<p>Oil edged lower in Asia after jumping almost 5% on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving.<\/p>\n<p>Futures in New York traded near $63 a barrel after closing higher for a third day, the longest run of gains in more than a month. U.S. crude inventories dropped the most in almost two months last week, while a gauge of gasoline demand ticked higher for a seventh straight week. The bullish data added to upbeat assessments by OPEC and the International Energy Agency. <\/p>\n<p>Oil had been stuck near $60 a barrel after a rally faltered in mid-March amid a resurgence in virus cases in some regions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil edged lower in Asia after jumping almost 5% on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving. Futures in New York traded near $63 a barrel after closing higher for a third day, the longest run of gains in more than a month. U.S. crude inventories dropped the most in almost two months last week, while a gauge of gasoline demand ticked higher for a seventh straight week. The bullish data added to upbeat assessments by OPEC and the International Energy Agency. Oil had been stuck near $60 a barrel after a rally faltered [&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":[139,130,187],"tags":[],"class_list":["post-410721","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\/410721","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=410721"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410721\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}