{"id":277581,"date":"2019-06-06T07:12:15","date_gmt":"2019-06-06T07:12:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277581"},"modified":"2019-06-06T07:12:15","modified_gmt":"2019-06-06T07:12:15","slug":"oil-stutters-at-over-4-month-low-on-rising-us-supply-demand-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-stutters-at-over-4-month-low-on-rising-us-supply-demand-fears\/","title":{"rendered":"Oil stutters at over 4-month low on rising US supply, demand fears"},"content":{"rendered":"<p>Oil prices on Thursday hovered around their lowest levels since January as markets remain under pressure from rising US supply and stalling demand amid an economic slowdown.<\/p>\n<p>Front-month Brent crude futures, the international benchmark for oil prices, were at $60.50 at 0108 GMT. That was 13 cents, or 0.2 per cent, below last session&#8217;s close. US West Texas Intermediate (WTI) crude futures were at $51.62 per barrel, 6 cents, or 0.1 per cent, below their last settlement.<\/p>\n<p>Brent and WTI on Wednesday hit their lowest levels since January, at $59.45 and $50.60 per barrel respectively, amid a surge in US crude inventories and record production, and as a global economic slowdown was starting to hit energy demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices on Thursday hovered around their lowest levels since January as markets remain under pressure from rising US supply and stalling demand amid an economic slowdown. Front-month Brent crude futures, the international benchmark for oil prices, were at $60.50 at 0108 GMT. That was 13 cents, or 0.2 per cent, below last session&#8217;s close. US West Texas Intermediate (WTI) crude futures were at $51.62 per barrel, 6 cents, or 0.1 per cent, below their last settlement. Brent and WTI on Wednesday hit their lowest levels since January, at $59.45 and $50.60 per barrel respectively, amid a surge in US [&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-277581","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277581","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=277581"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277581\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}