{"id":266090,"date":"2019-03-25T06:06:33","date_gmt":"2019-03-25T06:06:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266090"},"modified":"2019-03-25T06:11:43","modified_gmt":"2019-03-25T06:11:43","slug":"oil-prices-fall-as-markets-brace-for-potential-us-recession","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-markets-brace-for-potential-us-recession\/","title":{"rendered":"Oil prices fall as markets brace for potential US recession"},"content":{"rendered":"<p>Oil prices dropped on Monday as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC&#8217;s production cutbacks and US sanctions on Iran and Venezuela. <\/p>\n<p>Brent crude oil futures were at $66.52 per barrel at 0102 GMT, down 51 cents, or 0.8 per cent, from their last close. US West Texas Intermediate (WTI) futures were at $58.42 per barrel, down 63 cents, or 1.1 per cent, from their last settlement. Both crude oil price benchmarks have slumped by more than 3 per cent since last week hitting their highest since November 2018. <\/p>\n<p>Concerns about a potential US recession resurfaced late last week after bearish remarks by the US Federal Reserve sent 10-year treasury yields to the lowest since early 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped on Monday as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC&#8217;s production cutbacks and US sanctions on Iran and Venezuela. Brent crude oil futures were at $66.52 per barrel at 0102 GMT, down 51 cents, or 0.8 per cent, from their last close. US West Texas Intermediate (WTI) futures were at $58.42 per barrel, down 63 cents, or 1.1 per cent, from their last settlement. Both crude oil price benchmarks have slumped by more than 3 per cent since last week hitting their highest since November 2018. Concerns about a potential US recession resurfaced [&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":[130],"tags":[],"class_list":["post-266090","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266090","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=266090"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266090\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}