{"id":413314,"date":"2021-05-04T09:02:50","date_gmt":"2021-05-04T03:32:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413314"},"modified":"2021-05-04T09:25:34","modified_gmt":"2021-05-04T03:55:34","slug":"oil-prices-slip-as-covid-19-pandemic-takes-toll-on-indias-fuel-sales","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-as-covid-19-pandemic-takes-toll-on-indias-fuel-sales\/","title":{"rendered":"Oil prices slip as Covid-19 pandemic takes toll on India&#8217;s fuel sales"},"content":{"rendered":"<p>Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year.<\/p>\n<p>Brent crude futures for July fell 15 cents, or 0.2 per cent, to $66.61 a barrel by 8:14 am while US West Texas Intermediate for June was at $63.48 a barrel, down 10 cents, or 0.2 per cent.<\/p>\n<p>State-level restrictions aimed at stemming infections in India have caused fuel sales in the world&#8217;s third largest consumer to drop in April, preliminary data shows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year. Brent crude futures for July fell 15 cents, or 0.2 per cent, to $66.61 a barrel by 8:14 am while US West Texas Intermediate for June was at $63.48 a barrel, down 10 cents, or 0.2 per cent. State-level restrictions aimed at stemming infections in India have caused fuel sales in the world&#8217;s third largest consumer [&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-413314","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\/413314","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=413314"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413314\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}