{"id":416166,"date":"2021-05-21T09:05:43","date_gmt":"2021-05-21T03:35:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416166"},"modified":"2021-05-21T10:23:28","modified_gmt":"2021-05-21T04:53:28","slug":"oil-steadies-after-sell-off-as-us-stockpiles-rise-less-than-expected-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-steadies-after-sell-off-as-us-stockpiles-rise-less-than-expected-2\/","title":{"rendered":"Oil steadies after sell-off as US stockpiles rise less than expected"},"content":{"rendered":"<p>Oil prices steadied on Thursday after a two-day slump, reflecting the world&#8217;s mixed economic recovery from the pandemic, with US demand expected to keep rising, while a second coronavirus wave raging in India has led to more curbs on movement. <\/p>\n<p>Brent crude was up 11 cents, or 0.2 per cent, at $66.77 a barrel by 0657 GMT, having fallen 3 per cent on Wednesday. US oil gained 25 cents, or 0. per cent, to $63.61 a barrel, after a 3.3 per cent drop in the previous session. <\/p>\n<p>&#8220;US gasoline demand is holding up well ahead of the driving season,&#8221; ANZ Research said in a note. Also, &#8220;US airport footfalls increased to 1.85 million, boding well for jet fuel demand.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices steadied on Thursday after a two-day slump, reflecting the world&#8217;s mixed economic recovery from the pandemic, with US demand expected to keep rising, while a second coronavirus wave raging in India has led to more curbs on movement. Brent crude was up 11 cents, or 0.2 per cent, at $66.77 a barrel by 0657 GMT, having fallen 3 per cent on Wednesday. US oil gained 25 cents, or 0. per cent, to $63.61 a barrel, after a 3.3 per cent drop in the previous session. &#8220;US gasoline demand is holding up well ahead of the driving season,&#8221; ANZ [&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-416166","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\/416166","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=416166"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416166\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}