{"id":287273,"date":"2019-08-13T07:21:22","date_gmt":"2019-08-13T07:21:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287273"},"modified":"2019-08-13T07:21:22","modified_gmt":"2019-08-13T07:21:22","slug":"oil-prices-edge-down-as-traders-weigh-slowing-demand-against-supply-curbs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-edge-down-as-traders-weigh-slowing-demand-against-supply-curbs\/","title":{"rendered":"Oil prices edge down as traders weigh slowing demand against supply curbs"},"content":{"rendered":"<p>Oil prices edged lower on Tuesday, offsetting narrow gains in the previous session, on the expectation major producers would continue to reduce global supplies due to a slowing economic growth outlook.<\/p>\n<p>International benchmark Brent crude futures were down 11 cents or 0.2 per cent, from the previous settlement, to $58.46 a barrel by 0108 GMT. US West Texas Intermediate (WTI) futures were $54.81 per barrel, down 12 cents, or 0.2 per cent, from the last close.<\/p>\n<p>Saudi Arabia, the de-facto Organisation of the Petroleum Exporting Countries (OPEC) leader, opened its books as part of plans to launch what could be the world&#8217;s largest initial public offering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices edged lower on Tuesday, offsetting narrow gains in the previous session, on the expectation major producers would continue to reduce global supplies due to a slowing economic growth outlook. International benchmark Brent crude futures were down 11 cents or 0.2 per cent, from the previous settlement, to $58.46 a barrel by 0108 GMT. US West Texas Intermediate (WTI) futures were $54.81 per barrel, down 12 cents, or 0.2 per cent, from the last close. Saudi Arabia, the de-facto Organisation of the Petroleum Exporting Countries (OPEC) leader, opened its books as part of plans to launch what could be [&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-287273","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287273","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=287273"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287273\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}