{"id":6695,"date":"2020-02-19T05:33:38","date_gmt":"2020-02-19T05:33:38","guid":{"rendered":"http:\/\/arabicfxadvisors.com\/english\/?p=6695"},"modified":"2020-02-19T05:33:38","modified_gmt":"2020-02-19T05:33:38","slug":"drop-virus-cases-helps-support-oil-price-rise-17-february-2020","status":"publish","type":"post","link":"https:\/\/arabicfxadvisors.com\/english\/drop-virus-cases-helps-support-oil-price-rise-17-february-2020\/","title":{"rendered":"A Drop In Virus Cases Helps Support Oil Price Rise &#8211; 17 February, 2020"},"content":{"rendered":"<p>The slowdown of the spread of the coronavirus for a second straight day helped oil prices to rebound as much as 1%. Brent crude rose 59 cents or 1% to $58.34 per barrel, rising for a seventh straight day. U.S. oil rose 1.1% or 55 cents to\u00a0$52.60. China, the worlds second largest economy, has seen a dramatic decrease in production due to the virus, having possibly impacted the global economy, though optimism about falling cases have investors attention in hopes that the economic fallout is short lived. OPEC cuts have also helped support the prices, withholding supplies to support prices as demand dropped.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The slowdown of the spread of the coronavirus for a second straight day helped oil&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[373],"tags":[],"class_list":["post-6695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Drop In Virus Cases Helps Support Oil Price Rise - 17 February, 2020 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/arabicfxadvisors.com\/english\/drop-virus-cases-helps-support-oil-price-rise-17-february-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Drop In Virus Cases Helps Support Oil Price Rise - 17 February, 2020 -\" \/>\n<meta property=\"og:description\" content=\"The slowdown of the spread of the coronavirus for a second straight day helped oil...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/arabicfxadvisors.com\/english\/drop-virus-cases-helps-support-oil-price-rise-17-february-2020\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-19T05:33:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/arabicfxadvisors.com\/english\/wp-content\/uploads\/2016\/03\/oil99.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"710\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Fx Advisor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fx Advisor\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/drop-virus-cases-helps-support-oil-price-rise-17-february-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/drop-virus-cases-helps-support-oil-price-rise-17-february-2020\/\"},\"author\":{\"name\":\"Fx Advisor\",\"@id\":\"https:\/\/arabicfxadvisors.com\/english\/#\/schema\/person\/86a15b1444dc3cf22d3943734b86607d\"},\"headline\":\"A Drop In Virus Cases Helps Support Oil Price Rise &#8211; 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