{"id":46568,"date":"2021-06-04T13:06:32","date_gmt":"2021-06-04T09:06:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46568"},"modified":"2021-06-04T13:06:34","modified_gmt":"2021-06-04T09:06:34","slug":"oil-prices-are-falling-as-pessimism-about-the-corona-virus-continues","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oil-prices-are-falling-as-pessimism-about-the-corona-virus-continues\/06\/04\/market-updates\/","title":{"rendered":"Oil Prices Are Falling as Pessimism About The Corona Virus Continues"},"content":{"rendered":"\n<p>Oil prices fell on Friday, June 4, as optimism about a recovery in fuel demand waned, in light of concerns about the irregular delivery of Covid-19 vaccines globally.<\/p>\n\n\n\n<p>Brent crude fell 13 cents, or 0.2%, to $ 71.18 a barrel, after falling 4 cents yesterday, Thursday, after rising to its highest level since May 2019. Crude is heading for a weekly gain of more than 2% this week.<\/p>\n\n\n\n<p>US crude fell 10 cents, or 0.2%, to $ 68.71, after falling two years in the previous session, but it is heading to record a weekly gain of about 4%.<\/p>\n\n\n\n<p>Both contracts earned about $5 each in the past two weeks, amid optimism that global fuel demand is recovering from the height of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Friday, June 4, as optimism about a recovery in fuel demand waned, in light of concerns about the irregular delivery of Covid-19 vaccines globally. Brent crude fell 13 cents, or 0.2%, to $ 71.18 a barrel, after falling 4 cents yesterday, Thursday, after rising to its highest level since May 2019. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6846],"class_list":["post-46568","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46568"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46568\/revisions"}],"predecessor-version":[{"id":46569,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46568\/revisions\/46569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30928"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}