{"id":419208,"date":"2021-06-08T11:05:30","date_gmt":"2021-06-08T05:35:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=419208"},"modified":"2021-06-08T11:05:30","modified_gmt":"2021-06-08T05:35:30","slug":"oil-falls-again-amid-concerns-over-demand-rebound","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-again-amid-concerns-over-demand-rebound\/","title":{"rendered":"Oil falls again amid concerns over demand rebound"},"content":{"rendered":"<p>TOKYO: Oil prices lost more ground on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by data showing China&#8217;s oil imports fell in May.<\/p>\n<p>Brent crude was down 11 cents, or 0.2%, at $71.38 a barrel by 0151 GMT, after declining 0.6% overnight. U.S. oil was off by 13 cents, or 0.2%, at $69.10 a barrel, having dropped by 0.6% in the previous session.<\/p>\n<p>&#8220;Chinese oil imports at a five-month low &#8230; would tend to confirm weakness in the Asia market,&#8221; said Bob Yawger, director of energy futures at Mizhuo Securities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO: Oil prices lost more ground on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by data showing China&#8217;s oil imports fell in May. Brent crude was down 11 cents, or 0.2%, at $71.38 a barrel by 0151 GMT, after declining 0.6% overnight. U.S. oil was off by 13 cents, or 0.2%, at $69.10 a barrel, having dropped by 0.6% in the previous session. &#8220;Chinese oil imports at a five-month low &#8230; would tend to confirm weakness in the Asia market,&#8221; said Bob Yawger, director of energy futures at [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-419208","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419208","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=419208"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419208\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=419208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=419208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=419208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}