{"id":285387,"date":"2019-08-01T05:24:01","date_gmt":"2019-08-01T05:24:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285387"},"modified":"2019-08-01T05:24:01","modified_gmt":"2019-08-01T05:24:01","slug":"oil-drops-as-fed-signals-rate-cuts-may-be-limited","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-drops-as-fed-signals-rate-cuts-may-be-limited\/","title":{"rendered":"Oil drops as Fed signals rate cuts may be limited"},"content":{"rendered":"<p>TOKYO: Oil prices fell more than $1 on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of rate cuts and Sino-U.S. trade talks ended without progress. <\/p>\n<p>The drop came despite a bigger-than-expected decline in inventories in the U.S. and a drop in crude production among OPEC members, along with Libya cutting exports, typically bullish drivers for the market. <\/p>\n<p>Brent crude, the international benchmark, fell $1.06, or 1.6 per cent, to $63.99 a barrel by 0037 GMT, while U.S. crude was down 93 cents, or 1.6 per cent, at $57.65 a barrel, having fallen more than $1 earlier. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO: Oil prices fell more than $1 on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of rate cuts and Sino-U.S. trade talks ended without progress. The drop came despite a bigger-than-expected decline in inventories in the U.S. and a drop in crude production among OPEC members, along with Libya cutting exports, typically bullish drivers for the market. Brent crude, the international benchmark, fell $1.06, or 1.6 per cent, to $63.99 a barrel by 0037 GMT, while U.S. crude was down 93 cents, or 1.6 per cent, at $57.65 [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-285387","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285387","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285387"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285387\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}