{"id":599349,"date":"2023-08-24T10:04:46","date_gmt":"2023-08-24T04:34:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=599349"},"modified":"2023-08-24T10:34:31","modified_gmt":"2023-08-24T05:04:31","slug":"oil-down-1-as-weak-us-gasoline-demand-offsets-big-draw-in-crude-stocks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-down-1-as-weak-us-gasoline-demand-offsets-big-draw-in-crude-stocks\/","title":{"rendered":"Oil down 1% as weak US gasoline demand offsets big draw in crude stocks"},"content":{"rendered":"<p>Oil prices were down 1% on Wednesday as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data. <\/p>\n<p>Prices bounced off session lows as investors noted a much larger-than-expected draw in U.S. crude stocks. <\/p>\n<p>Brent crude was down 93 cents, or 1.1%, at $83.11 a barrel by 10:49 a.m. ET (1449 GMT),, bouncing off a 2.5% decline earlier in the session. U.S. West Texas Intermediate crude was down 82 cents, or 1.03%, at $78.82. At the session low it was down 3.4%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were down 1% on Wednesday as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data. Prices bounced off session lows as investors noted a much larger-than-expected draw in U.S. crude stocks. Brent crude was down 93 cents, or 1.1%, at $83.11 a barrel by 10:49 a.m. ET (1449 GMT),, bouncing off a 2.5% decline earlier in the session. U.S. West Texas Intermediate crude was down 82 cents, or 1.03%, at $78.82. At the session low it was down 3.4%.<\/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-599349","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\/599349","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=599349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/599349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=599349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=599349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=599349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}