{"id":309879,"date":"2020-01-10T11:59:16","date_gmt":"2020-01-10T06:29:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309879"},"modified":"2020-01-10T12:14:40","modified_gmt":"2020-01-10T06:44:40","slug":"oil-prices-fall-further-as-threat-of-middle-east-war-recedes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-further-as-threat-of-middle-east-war-recedes\/","title":{"rendered":"Oil prices fall further as threat of Middle East war recedes"},"content":{"rendered":"<p>Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in US crude oil and product inventories.<\/p>\n<p>Brent crude fell 20 cents, or 0.3 per cent, at $65.17 by 0240 GMT, and is heading for its first decline in six weeks, down 5 per cent.<\/p>\n<p>WTI was down 20 cents, or 0.3 per cent, at $59.36 and also on track for a first weekly drop in six, nearly 6 per cent from last Friday&#8217;s close based on the latest prices.<\/p>\n<p>Oil is now below where it was before a US drone strike killed a top Iranian general on Jan. 3, with Iran responding with a ballistic missile attack on Iraqi air bases hosting US forces this week that left no casualties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in US crude oil and product inventories. Brent crude fell 20 cents, or 0.3 per cent, at $65.17 by 0240 GMT, and is heading for its first decline in six weeks, down 5 per cent. WTI was down 20 cents, or 0.3 per cent, at $59.36 and also on track for a first weekly drop in six, nearly 6 per cent from last Friday&#8217;s close based on the latest prices. [&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-309879","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\/309879","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=309879"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309879\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}