{"id":388442,"date":"2020-12-08T10:37:26","date_gmt":"2020-12-08T05:07:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388442"},"modified":"2020-12-08T10:37:26","modified_gmt":"2020-12-08T05:07:26","slug":"oil-slips-from-9-month-high-with-markets-in-risk-off-mode","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-slips-from-9-month-high-with-markets-in-risk-off-mode\/","title":{"rendered":"Oil slips from 9-month high with markets in risk-off mode"},"content":{"rendered":"<p>Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.<\/p>\n<p>Crude futures were down 0.9% in New York, with the dollar rising and European equities and US stock futures declining. Oil rallied last week after OPEC and its allies agreed to implement only about a quarter of their planned output hike in January.<\/p>\n<p>The market is showing signs of recovery. Saudi Arabia raised oil pricing for Asia, a signal the kingdom is confident demand is strong enough to absorb next month\u2019s small supply boost. China\u2019s economy appears robust, with exports rising the most since early 2018 last month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets. Crude futures were down 0.9% in New York, with the dollar rising and European equities and US stock futures declining. Oil rallied last week after OPEC and its allies agreed to implement only about a quarter of their planned output hike in January. The market is showing signs of recovery. Saudi Arabia raised oil pricing for Asia, a signal the kingdom is confident demand is strong enough to absorb next month\u2019s small supply boost. China\u2019s economy appears robust, with exports rising the most [&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-388442","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\/388442","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=388442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}