{"id":476125,"date":"2022-03-16T10:28:50","date_gmt":"2022-03-16T04:58:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=476125"},"modified":"2022-03-16T12:03:43","modified_gmt":"2022-03-16T06:33:43","slug":"brent-oil-ends-below-100-a-barrel-for-first-time-in-almost-3-weeks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-oil-ends-below-100-a-barrel-for-first-time-in-almost-3-weeks\/","title":{"rendered":"Brent oil ends below $100 a barrel for first time in almost 3 weeks"},"content":{"rendered":"<p>Brent oil futures finished under $100 a barrel on Tuesday, the first time it has closed below that key benchmark level since the second day of Russia&#8217;s invasion of Ukraine almost three weeks ago. <\/p>\n<p>Crude futures for delivery in May ended at $99.91 a barrel, down 6.5 per cent.<\/p>\n<p>US benchmark West Texas Intermediate dropped 6.4 per cent to $96.44 a barrel. <\/p>\n<p>The drop came as China placed tens of millions of people under lockdown following the latest surge in Covid-19 cases, raising fresh worries about a hit to oil demand.<\/p>\n<p>Rystad Energy analyst Louise Dickson said severe Chinese restrictions could put 500,000 barrels a day of oil at risk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent oil futures finished under $100 a barrel on Tuesday, the first time it has closed below that key benchmark level since the second day of Russia&#8217;s invasion of Ukraine almost three weeks ago. Crude futures for delivery in May ended at $99.91 a barrel, down 6.5 per cent. US benchmark West Texas Intermediate dropped 6.4 per cent to $96.44 a barrel. The drop came as China placed tens of millions of people under lockdown following the latest surge in Covid-19 cases, raising fresh worries about a hit to oil demand. Rystad Energy analyst Louise Dickson said severe Chinese restrictions [&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-476125","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\/476125","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=476125"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/476125\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=476125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=476125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=476125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}