{"id":278827,"date":"2019-06-18T05:24:27","date_gmt":"2019-06-18T05:24:27","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=278827"},"modified":"2019-06-18T05:24:27","modified_gmt":"2019-06-18T05:24:27","slug":"oil-holds-near-lows-on-soft-demand-outlook-opec-uncertainty","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-holds-near-lows-on-soft-demand-outlook-opec-uncertainty\/","title":{"rendered":"Oil holds near lows on soft demand outlook, OPEC uncertainty"},"content":{"rendered":"<p>Oil was steady near recent lows after signs of weakness in the US manufacturing and housing sectors stoked concerns about weakening demand, while OPEC nations still can\u2019t agree on a date for their next meeting, adding to uncertainty over whether production cuts would be extended.<\/p>\n<p>Futures in New York were little changed, after losing 1.1% Monday. The US Federal Reserve found a record slowdown in June for New York State factories, while sentiment among housing contractors unexpectedly dropped for the first time all year. Meanwhile, a meeting between top oil officials in Russia and Iran failed to break the impasse on when OPEC would next meet, with Iran proposing a date a week later than that favored by other members.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil was steady near recent lows after signs of weakness in the US manufacturing and housing sectors stoked concerns about weakening demand, while OPEC nations still can\u2019t agree on a date for their next meeting, adding to uncertainty over whether production cuts would be extended. Futures in New York were little changed, after losing 1.1% Monday. The US Federal Reserve found a record slowdown in June for New York State factories, while sentiment among housing contractors unexpectedly dropped for the first time all year. Meanwhile, a meeting between top oil officials in Russia and Iran failed to break the impasse [&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-278827","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\/278827","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=278827"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278827\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=278827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=278827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=278827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}