{"id":424761,"date":"2021-07-07T10:54:09","date_gmt":"2021-07-07T05:24:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424761"},"modified":"2021-07-07T10:54:09","modified_gmt":"2021-07-07T05:24:09","slug":"oil-price-spike-risks-wider-market-swings-amid-inflation-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-spike-risks-wider-market-swings-amid-inflation-fears\/","title":{"rendered":"Oil price spike risks wider market swings amid inflation fears"},"content":{"rendered":"<p>A spike in oil prices risks fanning wider moves across asset classes should inflation-sensitive investors believe the crude market will tighten further after OPEC+ failed to agree on a deal to increase production.<\/p>\n<p>The surprise breakdown in talks means tighter supply conditions for crude and upward pressure on prices &#8212; at least in the near term &#8212; adding fuel to the wider inflationary concern that\u2019s challenged central banks and roiled risk assets. Brent crude futures rose above $77 for the first time since 2018 this week, sending global energy shares higher.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A spike in oil prices risks fanning wider moves across asset classes should inflation-sensitive investors believe the crude market will tighten further after OPEC+ failed to agree on a deal to increase production. The surprise breakdown in talks means tighter supply conditions for crude and upward pressure on prices &#8212; at least in the near term &#8212; adding fuel to the wider inflationary concern that\u2019s challenged central banks and roiled risk assets. Brent crude futures rose above $77 for the first time since 2018 this week, sending global energy shares higher.<\/p>\n","protected":false},"author":39,"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-424761","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\/424761","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=424761"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424761\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}