{"id":341734,"date":"2020-03-13T10:58:39","date_gmt":"2020-03-13T05:28:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341734"},"modified":"2020-03-13T10:58:39","modified_gmt":"2020-03-13T05:28:39","slug":"oil-extends-losses-on-price-war-recession-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-extends-losses-on-price-war-recession-fears\/","title":{"rendered":"Oil extends losses on price war, recession fears"},"content":{"rendered":"<p>Oil prices extended losses in Asian trade Friday due to a standoff between top producers Saudi Arabia and Russia, and mounting fears the coronavirus pandemic could spark a global recession.<\/p>\n<p>West Texas Intermediate was down 0.5 percent at $31 a barrel while Brent crude slipped 0.3 percent to $33 a barrel shortly after markets opened.<\/p>\n<p>Crude markets have been plunging this week after top exporter Riyadh began a price war amid a row with Russia on whether to cut output to support the virus-battered energy sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended losses in Asian trade Friday due to a standoff between top producers Saudi Arabia and Russia, and mounting fears the coronavirus pandemic could spark a global recession. West Texas Intermediate was down 0.5 percent at $31 a barrel while Brent crude slipped 0.3 percent to $33 a barrel shortly after markets opened. Crude markets have been plunging this week after top exporter Riyadh began a price war amid a row with Russia on whether to cut output to support the virus-battered energy sector.<\/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-341734","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\/341734","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=341734"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341734\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}