{"id":287040,"date":"2019-08-13T04:57:41","date_gmt":"2019-08-13T04:57:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287040"},"modified":"2019-08-13T04:56:56","modified_gmt":"2019-08-13T04:56:56","slug":"oil-demand-growing-at-slowest-pace-since-2008-financial-crisis-iea","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-demand-growing-at-slowest-pace-since-2008-financial-crisis-iea\/","title":{"rendered":"Oil demand growing at slowest pace since 2008 financial crisis: IEA"},"content":{"rendered":"<p>Mounting signs of an economic slowdown and a ratcheting up of the U.S.-China trade war have caused global oil demand to grow at its slowest pace since the financial crisis of 2008, the International Energy Agency (IEA) said on Friday. <\/p>\n<p>&#8220;The situation is becoming even more uncertain &#8230; global oil demand growth has been very sluggish in the first half of 2019,&#8221; the IEA said in its monthly report. <\/p>\n<p>The Paris-based agency said that compared with the same month in 2018, global demand fell by 160,000 barrels per day (bpd) in May &#8211; the second year-on-year fall of 2019. <\/p>\n<p>From January to May, oil demand increased by 520,000 bpd, marking the lowest rise for that period since 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mounting signs of an economic slowdown and a ratcheting up of the U.S.-China trade war have caused global oil demand to grow at its slowest pace since the financial crisis of 2008, the International Energy Agency (IEA) said on Friday. &#8220;The situation is becoming even more uncertain &#8230; global oil demand growth has been very sluggish in the first half of 2019,&#8221; the IEA said in its monthly report. The Paris-based agency said that compared with the same month in 2018, global demand fell by 160,000 barrels per day (bpd) in May &#8211; the second year-on-year fall of 2019. From [&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":[135,130,169],"tags":[],"class_list":["post-287040","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287040","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=287040"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287040\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}