{"id":285757,"date":"2019-08-03T05:28:46","date_gmt":"2019-08-03T05:28:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285757"},"modified":"2019-08-03T05:28:46","modified_gmt":"2019-08-03T05:28:46","slug":"crude-ends-week-lower-after-largest-dip-in-more-than-four-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-ends-week-lower-after-largest-dip-in-more-than-four-years\/","title":{"rendered":"Crude ends week lower after largest dip in more than four years"},"content":{"rendered":"<p>Oil finished down for the week as positive US jobs news wasn\u2019t enough to erase a plunge triggered by President Donald Trump\u2019s escalation of the trade war with China. <\/p>\n<p>Futures in New York rebounded 3.2 per cent on Friday, just partly recovering from a 7.9 per cent slump the previous day, the worst one-day selloff in four years. Oil began to regain some ground early in the session as the market came to terms with Trump\u2019s threat to impose new tariffs on $300 billion of Chinese goods. It then got a boost from a payrolls report that showed the US jobless rate holding near a half-century low, with average hourly earnings that rose more than forecast. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil finished down for the week as positive US jobs news wasn\u2019t enough to erase a plunge triggered by President Donald Trump\u2019s escalation of the trade war with China. Futures in New York rebounded 3.2 per cent on Friday, just partly recovering from a 7.9 per cent slump the previous day, the worst one-day selloff in four years. Oil began to regain some ground early in the session as the market came to terms with Trump\u2019s threat to impose new tariffs on $300 billion of Chinese goods. It then got a boost from a payrolls report that showed the US [&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-285757","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\/285757","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=285757"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285757\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}