{"id":412376,"date":"2021-04-28T08:34:31","date_gmt":"2021-04-28T03:04:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412376"},"modified":"2021-04-28T08:56:31","modified_gmt":"2021-04-28T03:26:31","slug":"oil-up-but-gains-limited-amid-demand-concerns-as-india-reels-from-covid-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-up-but-gains-limited-amid-demand-concerns-as-india-reels-from-covid-2\/","title":{"rendered":"Oil up, but gains limited amid demand concerns as India reels from Covid"},"content":{"rendered":"<p>Oil prices rebounded on Tuesday after falling in the previous session, but gains are likely to be capped amid growing concern about fuel demand in India, the world&#8217;s third-biggest crude importer now slammed by spiralling new coronavirus cases. <\/p>\n<p>Brent crude was up 40 cents, or 0.6%, at $66.05 a barrel by 0658 GMT, after dropping 0.7% on Monday. U.S. oil gained 40 cents, or 0.7%, to $62.31, having declined by 0.4% in the previous session. <\/p>\n<p>India&#8217;s woes comes as the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, are set to discuss policy on production at a meeting this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rebounded on Tuesday after falling in the previous session, but gains are likely to be capped amid growing concern about fuel demand in India, the world&#8217;s third-biggest crude importer now slammed by spiralling new coronavirus cases. Brent crude was up 40 cents, or 0.6%, at $66.05 a barrel by 0658 GMT, after dropping 0.7% on Monday. U.S. oil gained 40 cents, or 0.7%, to $62.31, having declined by 0.4% in the previous session. India&#8217;s woes comes as the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, are set to [&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-412376","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\/412376","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=412376"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412376\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}