{"id":411834,"date":"2021-04-24T09:34:02","date_gmt":"2021-04-24T04:04:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411834"},"modified":"2021-04-24T11:28:31","modified_gmt":"2021-04-24T05:58:31","slug":"oil-steady-as-european-recovery-support-countered-by-indian-virus-surge","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steady-as-european-recovery-support-countered-by-indian-virus-surge\/","title":{"rendered":"Oil steady as European recovery support countered by Indian virus surge"},"content":{"rendered":"<p>LONDON: Oil prices were broadly steady on Friday with support from a European economic recovery countered by concerns about the record surge of coronavirus infections in India.<\/p>\n<p>Brent crude dipped 2 cents, or less than 0.1%, to $65.38 a barrel at 1335 GMT, while US West Texas Intermediate (WTI) US crude gained 6 cents, or 0.1%, to $61.49 a barrel.<\/p>\n<p>Euro zone Purchasing Managers&#8217; Index (PMI) data for April showed a stronger than expected recovery and more European states began easing coronavirus lockdowns. France said schools would reopen on Monday.<\/p>\n<p>&#8220;Stronger PMIs across Europe, a weaker US dollar, and some European countries planning to ease some of their restrictions are slightly supporting oil prices,&#8221; UBS oil analyst Giovanni Staunovo said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil prices were broadly steady on Friday with support from a European economic recovery countered by concerns about the record surge of coronavirus infections in India. Brent crude dipped 2 cents, or less than 0.1%, to $65.38 a barrel at 1335 GMT, while US West Texas Intermediate (WTI) US crude gained 6 cents, or 0.1%, to $61.49 a barrel. Euro zone Purchasing Managers&#8217; Index (PMI) data for April showed a stronger than expected recovery and more European states began easing coronavirus lockdowns. France said schools would reopen on Monday. &#8220;Stronger PMIs across Europe, a weaker US dollar, and some [&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":[130,191,136],"tags":[],"class_list":["post-411834","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411834","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=411834"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411834\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}