{"id":272639,"date":"2019-05-03T05:52:26","date_gmt":"2019-05-03T05:52:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=272639"},"modified":"2019-05-03T05:54:32","modified_gmt":"2019-05-03T05:54:32","slug":"oil-falls-on-surging-us-output-set-for-2nd-week-of-declines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-on-surging-us-output-set-for-2nd-week-of-declines\/","title":{"rendered":"Oil falls on surging US output, set for 2nd week of declines"},"content":{"rendered":"<p>Oil prices slipped on Friday, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines.<\/p>\n<p>Brent crude oil futures were at $70.56 per barrel at 0127 GMT, down 19 cents, or 0.3 per cent, from their last close.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures were down 7 cents, at $61.74 per barrel.<\/p>\n<p>Both crude futures lost almost 3 per cent in value the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped on Friday, extending a steep fall from the previous session on surging US output and an expected supply increase from producer club OPEC and putting crude on track for a second week of declines. Brent crude oil futures were at $70.56 per barrel at 0127 GMT, down 19 cents, or 0.3 per cent, from their last close. US West Texas Intermediate (WTI) crude futures were down 7 cents, at $61.74 per barrel. Both crude futures lost almost 3 per cent in value the previous session.<\/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-272639","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272639","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=272639"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272639\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=272639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=272639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=272639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}