{"id":412026,"date":"2021-04-26T10:26:58","date_gmt":"2021-04-26T04:56:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412026"},"modified":"2021-04-26T12:12:05","modified_gmt":"2021-04-26T06:42:05","slug":"oil-inches-lower-on-concerns-over-covid-19-surge-in-india-japan-3","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-inches-lower-on-concerns-over-covid-19-surge-in-india-japan-3\/","title":{"rendered":"Oil inches lower on concerns over Covid-19 surge in India, Japan"},"content":{"rendered":"<p>Oil prices eased slightly on Monday on concerns that a resurgence of coronavirus infections in India and Japan, the world&#8217;s third and fourth largest oil importers, would cut fuel demand in Asia. <\/p>\n<p>Brent crude futures fell 8 cents, or 0.1%, to $66.03 a barrel by 0058 GMT, following a 1.1% rise on Friday. USWest Texas Intermediate (WTI) crude futures were down 4 cents, or 0.1%, at $62.10 a barrel, after rising 1.2% on Friday.<\/p>\n<p>Both benchmark crudes fell about 1% last week.<\/p>\n<p>&#8220;Market sentiment was dented on worries that surging number of COVID-19 cases in some countries, especially in India, will slash fuel demand,&#8221; Kazuhiko Saito, chief analyst at commodities broker Fujitomi Co.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices eased slightly on Monday on concerns that a resurgence of coronavirus infections in India and Japan, the world&#8217;s third and fourth largest oil importers, would cut fuel demand in Asia. Brent crude futures fell 8 cents, or 0.1%, to $66.03 a barrel by 0058 GMT, following a 1.1% rise on Friday. USWest Texas Intermediate (WTI) crude futures were down 4 cents, or 0.1%, at $62.10 a barrel, after rising 1.2% on Friday. Both benchmark crudes fell about 1% last week. &#8220;Market sentiment was dented on worries that surging number of COVID-19 cases in some countries, especially in India, [&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":[141,130,183],"tags":[],"class_list":["post-412026","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412026","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=412026"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412026\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}