{"id":430084,"date":"2021-08-11T08:51:30","date_gmt":"2021-08-11T03:21:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430084"},"modified":"2021-08-11T11:38:21","modified_gmt":"2021-08-11T06:08:21","slug":"oil-recovers-from-three-week-low-amid-surge-in-delta-variant-infections","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-recovers-from-three-week-low-amid-surge-in-delta-variant-infections\/","title":{"rendered":"Oil recovers from three-week low amid surge in Delta variant infections"},"content":{"rendered":"<p>TOKYO (Reuters) -Oil prices rose more than 1% on Tuesday, recouping some of the losses in the previous session when prices hit a three-week low, but gains are likely to be limited on worries that rising COVID-19 cases and restrictions in China will dent fuel demand.<\/p>\n<p>Brent crude was up by 84 cents, or 1.2%, at $69.88 a barrel by 0656 GMT, after falling 2.3% on Monday. U.S. oil was up by 99 cents, or 1.5%, at $67.47 a barrel, having fallen by 2.6% in the previous session.<\/p>\n<p>China on Tuesday reported more COVID-19 infections in the latest outbreak of the disease that was first detected in the country in late 2019, in what analysts said was the biggest test of Beijing&#8217;s zero-infection strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO (Reuters) -Oil prices rose more than 1% on Tuesday, recouping some of the losses in the previous session when prices hit a three-week low, but gains are likely to be limited on worries that rising COVID-19 cases and restrictions in China will dent fuel demand. Brent crude was up by 84 cents, or 1.2%, at $69.88 a barrel by 0656 GMT, after falling 2.3% on Monday. U.S. oil was up by 99 cents, or 1.5%, at $67.47 a barrel, having fallen by 2.6% in the previous session. China on Tuesday reported more COVID-19 infections in the latest outbreak of [&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-430084","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\/430084","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=430084"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430084\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}