{"id":413751,"date":"2021-05-06T09:06:41","date_gmt":"2021-05-06T03:36:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413751"},"modified":"2021-05-06T09:45:28","modified_gmt":"2021-05-06T04:15:28","slug":"oil-prices-fall-as-us-gasoline-stocks-rise-for-fifth-week","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-us-gasoline-stocks-rise-for-fifth-week\/","title":{"rendered":"Oil prices fall as US gasoline stocks rise for fifth week"},"content":{"rendered":"<p>Oil prices fell on Thursday as gasoline inventories in the United States, the world&#8217;s largest oil consumer, rose for a fifth consecutive week although a draw in crude stockpiles helped to underpin prices. <\/p>\n<p>Brent crude oil futures fell by 16 cents, or 0.2%, to $68.80 barrel by 0123 GMT, and US West Texas Intermediate (WTI) crude futures dropped by 20 cents, or 0.3%, to $65.43 a barrel.<\/p>\n<p>Both Brent and US crude futures hit their highest since mid-March on Wednesday before retreating. The $70-per-barrel mark has acted as a barrier for the market since Brent broke just above that level in March, with investors unwilling to push oil higher as Covid-19 cases increase in parts of the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Thursday as gasoline inventories in the United States, the world&#8217;s largest oil consumer, rose for a fifth consecutive week although a draw in crude stockpiles helped to underpin prices. Brent crude oil futures fell by 16 cents, or 0.2%, to $68.80 barrel by 0123 GMT, and US West Texas Intermediate (WTI) crude futures dropped by 20 cents, or 0.3%, to $65.43 a barrel. Both Brent and US crude futures hit their highest since mid-March on Wednesday before retreating. The $70-per-barrel mark has acted as a barrier for the market since Brent broke just above that level [&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-413751","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\/413751","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=413751"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413751\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}