{"id":643232,"date":"2024-05-01T09:37:15","date_gmt":"2024-05-01T04:07:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=643232"},"modified":"2024-05-02T09:23:17","modified_gmt":"2024-05-02T03:53:17","slug":"oil-prices-decline-for-third-day-as-us-crude-production-inventories-swell","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-decline-for-third-day-as-us-crude-production-inventories-swell\/","title":{"rendered":"Oil prices decline for third day as US crude production, inventories swell"},"content":{"rendered":"<p>Oil prices fell for a third day on Wednesday on rising crude inventories and production in the US, the world&#8217;s biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middle East. <\/p>\n<p>Brent crude futures for July fell 47 cents, or 0.5 per cent, at $85.86 a barrel by 0005 GMT. US West Texas Intermediate crude for June declined 53 cents, or 0.6 per cent, to $81.40 per barrel. <\/p>\n<p>US crude oil inventories swelled last week by 4.906 million barrels, while gasoline and distillate stockpiles fell, according to market sources citing American Petroleum Institute figures on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell for a third day on Wednesday on rising crude inventories and production in the US, the world&#8217;s biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middle East. Brent crude futures for July fell 47 cents, or 0.5 per cent, at $85.86 a barrel by 0005 GMT. US West Texas Intermediate crude for June declined 53 cents, or 0.6 per cent, to $81.40 per barrel. US crude oil inventories swelled last week by 4.906 million barrels, while gasoline and distillate stockpiles fell, according to market sources citing American Petroleum Institute figures on Tuesday.<\/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-643232","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\/643232","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=643232"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/643232\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=643232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=643232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=643232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}