{"id":294800,"date":"2019-10-03T11:39:20","date_gmt":"2019-10-03T06:09:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294800"},"modified":"2019-10-03T11:39:20","modified_gmt":"2019-10-03T06:09:20","slug":"oil-extends-losses-as-economic-data-growing-inventories-drag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-as-economic-data-growing-inventories-drag\/","title":{"rendered":"Oil extends losses as economic data, growing inventories drag"},"content":{"rendered":"<p>SINGAPORE: Oil futures extended losses on Thursday as weak economic data weighed on the outlook for fuel demand which was made worse by a larger than expected rise in US crude inventories.<\/p>\n<p>&#8220;Crude oil prices fell as rising inventories added to the weakening economic backdrop,&#8221; said ANZ Bank in a note on Thursday.<\/p>\n<p>Brent crude oil futures fell 17 cents, or 0.3 per cent, to $57.52 a barrel by 0052 GMT, after tumbling 2 per cent in the previous session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Oil futures extended losses on Thursday as weak economic data weighed on the outlook for fuel demand which was made worse by a larger than expected rise in US crude inventories. &#8220;Crude oil prices fell as rising inventories added to the weakening economic backdrop,&#8221; said ANZ Bank in a note on Thursday. Brent crude oil futures fell 17 cents, or 0.3 per cent, to $57.52 a barrel by 0052 GMT, after tumbling 2 per cent in the previous session.<\/p>\n","protected":false},"author":44,"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-294800","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\/294800","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294800"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294800\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}