{"id":295631,"date":"2019-10-10T11:42:02","date_gmt":"2019-10-10T06:12:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295631"},"modified":"2019-10-10T11:42:02","modified_gmt":"2019-10-10T06:12:02","slug":"oil-prices-drop-as-hopes-for-us-china-trade-progress-wilt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-drop-as-hopes-for-us-china-trade-progress-wilt\/","title":{"rendered":"Oil prices drop as hopes for US-China trade progress wilt"},"content":{"rendered":"<p>Oil prices slid on Thursday as hopes faded for any significant progress in U.S.-China trade talks that could dispel clouds over the global economy and gloom over prospects for weaker oil demand.<\/p>\n<p>Global benchmark Brent crude futures fell 26 cents, or 0.5%, to $58.05 a barrel by 0133 GMT, while U.S. West Texas Intermediate crude was at $52.38 per barrel, down 21 cents, a 0.4% drop.<\/p>\n<p>Chinese government officials told Reuters that China has lowered its expectations for progress in the talks to end a 15-month-old tit-for-tat trade dispute that has slowed global economic growth, upset by the U.S. blacklisting of Chinese companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slid on Thursday as hopes faded for any significant progress in U.S.-China trade talks that could dispel clouds over the global economy and gloom over prospects for weaker oil demand. Global benchmark Brent crude futures fell 26 cents, or 0.5%, to $58.05 a barrel by 0133 GMT, while U.S. West Texas Intermediate crude was at $52.38 per barrel, down 21 cents, a 0.4% drop. Chinese government officials told Reuters that China has lowered its expectations for progress in the talks to end a 15-month-old tit-for-tat trade dispute that has slowed global economic growth, upset by the U.S. blacklisting [&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":[130,195,138],"tags":[],"class_list":["post-295631","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295631","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=295631"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295631\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}