{"id":294962,"date":"2019-10-04T11:52:04","date_gmt":"2019-10-04T06:22:04","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294962"},"modified":"2019-10-04T11:52:04","modified_gmt":"2019-10-04T06:22:04","slug":"oil-slips-further-below-58-as-economic-gloom-weighs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slips-further-below-58-as-economic-gloom-weighs\/","title":{"rendered":"Oil slips further below $58 as economic gloom weighs"},"content":{"rendered":"<p>LONDON: Oil slipped further below $58 a barrel on Thursday, pressured by concerns about global economic growth, oil demand and signs of excess supply despite OPEC-led cuts.<\/p>\n<p>Euro zone business growth stalled in September, a survey on Thursday showed, a day after the U.S. announced import tariffs on European Union products. U.S. crude inventories rose 3.1 million barrels last week, more than forecast.<\/p>\n<p>&#8220;It is simply impossible to predict where the next significant price support will come from as the focus is firmly on economic developments,&#8221; said Tamas Varga of oil broker PVM.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Oil slipped further below $58 a barrel on Thursday, pressured by concerns about global economic growth, oil demand and signs of excess supply despite OPEC-led cuts. Euro zone business growth stalled in September, a survey on Thursday showed, a day after the U.S. announced import tariffs on European Union products. U.S. crude inventories rose 3.1 million barrels last week, more than forecast. &#8220;It is simply impossible to predict where the next significant price support will come from as the focus is firmly on economic developments,&#8221; said Tamas Varga of oil broker PVM.<\/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-294962","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\/294962","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=294962"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294962\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}