{"id":295421,"date":"2019-10-09T10:50:48","date_gmt":"2019-10-09T05:20:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295421"},"modified":"2019-10-09T10:50:48","modified_gmt":"2019-10-09T05:20:48","slug":"crude-oil-prices-down-23-from-its-2019-peak","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-down-23-from-its-2019-peak\/","title":{"rendered":"Crude oil prices down 23% from its 2019 peak"},"content":{"rendered":"<p>NEW DELHI : Amid fears of the possibility of a global recession coming in, crude oil rates fell more than 5% last week and is now trading 23% less than its 2019 peak of $75.60 a barrel recorded in April.<\/p>\n<p>Brent crude futures edged down 1 cent to $58.36 a barrel by 0656 GMT, while U.S. West Texas Intermediate (WTI) crude was at $52.85, up 4 cents.<\/p>\n<p>Both contracts ended last week with a more-than-5% decline after dismal manufacturing data from the United States and China, as the lingering row between the world&#8217;s top economies hurts global growth and raises the risk of recession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Amid fears of the possibility of a global recession coming in, crude oil rates fell more than 5% last week and is now trading 23% less than its 2019 peak of $75.60 a barrel recorded in April. Brent crude futures edged down 1 cent to $58.36 a barrel by 0656 GMT, while U.S. West Texas Intermediate (WTI) crude was at $52.85, up 4 cents. Both contracts ended last week with a more-than-5% decline after dismal manufacturing data from the United States and China, as the lingering row between the world&#8217;s top economies hurts global growth and raises [&hellip;]<\/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":[139,130,187],"tags":[],"class_list":["post-295421","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295421","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=295421"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295421\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}