{"id":427564,"date":"2021-07-27T09:01:28","date_gmt":"2021-07-27T03:31:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427564"},"modified":"2021-07-27T09:39:36","modified_gmt":"2021-07-27T04:09:36","slug":"oil-prices-steady-in-undersupplied-market-but-virus-clouds-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-steady-in-undersupplied-market-but-virus-clouds-demand\/","title":{"rendered":"Oil prices steady in undersupplied market but virus clouds demand"},"content":{"rendered":"<p>LONDON (Reuters) -Oil prices were steady on Monday as the spread of the COVID-19 Delta variant stoked fears over future fuel demand, though crude supply looks set to be tight through the rest of the year. <\/p>\n<p>Brent crude futures for September were up 4 cents at $74.14 a barrel by 1342 GMT while U.S. Texas Intermediate crude slipped by 11 cents to $71.96.<\/p>\n<p>Both benchmarks fell by more than $1 a barrel in earlier trading.<\/p>\n<p>Coronavirus cases continued to rise over the weekend, with some countries reporting record daily increases and extending lockdown measures that could slow oil demand. China, the world&#8217;s largest crude importer, has also registered a rise in COVID-19 cases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Oil prices were steady on Monday as the spread of the COVID-19 Delta variant stoked fears over future fuel demand, though crude supply looks set to be tight through the rest of the year. Brent crude futures for September were up 4 cents at $74.14 a barrel by 1342 GMT while U.S. Texas Intermediate crude slipped by 11 cents to $71.96. Both benchmarks fell by more than $1 a barrel in earlier trading. Coronavirus cases continued to rise over the weekend, with some countries reporting record daily increases and extending lockdown measures that could slow oil demand. China, [&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-427564","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\/427564","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=427564"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427564\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}