{"id":288754,"date":"2019-08-26T07:13:37","date_gmt":"2019-08-26T07:13:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=288754"},"modified":"2019-08-26T07:13:57","modified_gmt":"2019-08-26T07:13:57","slug":"oil-down-nearly-2-as-trade-war-shakes-confidence","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-down-nearly-2-as-trade-war-shakes-confidence\/","title":{"rendered":"Oil down nearly 2% as trade war shakes confidence"},"content":{"rendered":"<p>TOKYO: Oil prices fell on Monday, pushing US crude to its lowest in more than two weeks, as a ratcheting up of tensions in the US-China war knocked confidence in the global economy. <\/p>\n<p>Brent crude was down 89 cents, or 1.5%, at $58.45 a barrel by 0044 GMT, having earlier touched $58.24, the lowest since Aug. 15. <\/p>\n<p>US oil fell $1, or 1.8%, to $53.17 a barrel, earlier falling to $52.96, the lowest since Aug. 9. <\/p>\n<p>Oil prices are being hit &#8220;in large part because of worries about a severe global economic slowdown and potentially even a US recession,&#8221; said Stephen Innes, managing partner at Valour Markets. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO: Oil prices fell on Monday, pushing US crude to its lowest in more than two weeks, as a ratcheting up of tensions in the US-China war knocked confidence in the global economy. Brent crude was down 89 cents, or 1.5%, at $58.45 a barrel by 0044 GMT, having earlier touched $58.24, the lowest since Aug. 15. US oil fell $1, or 1.8%, to $53.17 a barrel, earlier falling to $52.96, the lowest since Aug. 9. Oil prices are being hit &#8220;in large part because of worries about a severe global economic slowdown and potentially even a US recession,&#8221; said [&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":[130,191,136],"tags":[],"class_list":["post-288754","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\/288754","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=288754"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288754\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}