{"id":266101,"date":"2019-03-25T06:17:02","date_gmt":"2019-03-25T06:17:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266101"},"modified":"2019-03-25T06:17:02","modified_gmt":"2019-03-25T06:17:02","slug":"oil-extends-losses-as-threat-of-us-recession-damps-sentiment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-as-threat-of-us-recession-damps-sentiment\/","title":{"rendered":"Oil extends losses as threat of US recession damps sentiment"},"content":{"rendered":"<p>Singapore: Oil extended losses on fresh signs that global growth may weaken further, overshadowing a drop in the amount of American rigs exploring for crude to the lowest level in almost a year.<\/p>\n<p>Futures in New York fell as much as 1.2 percent, after losing 1.6 percent Friday. A closely watched gauge of Treasuries inverted for the first time since 2007, a signal a recession may be coming in the world\u2019s largest economy. The number of U.S. rigs dropped for a fifth week, according to data released Friday by Baker Hughes, easing concern over surging U.S. production.<\/p>\n<p>Crude has retreated after reaching a four-month high on Thursday as disappointing European economic data and a lack of resolution to the U.S.-China trade war damped sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore: Oil extended losses on fresh signs that global growth may weaken further, overshadowing a drop in the amount of American rigs exploring for crude to the lowest level in almost a year. Futures in New York fell as much as 1.2 percent, after losing 1.6 percent Friday. A closely watched gauge of Treasuries inverted for the first time since 2007, a signal a recession may be coming in the world\u2019s largest economy. The number of U.S. rigs dropped for a fifth week, according to data released Friday by Baker Hughes, easing concern over surging U.S. production. Crude has retreated [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-266101","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266101","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266101"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266101\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}