{"id":429552,"date":"2021-08-07T11:52:26","date_gmt":"2021-08-07T06:22:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=429552"},"modified":"2021-08-07T11:52:26","modified_gmt":"2021-08-07T06:22:26","slug":"oil-falls-in-biggest-weekly-decline-in-months-on-demand-worries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-in-biggest-weekly-decline-in-months-on-demand-worries\/","title":{"rendered":"Oil falls in biggest weekly decline in months on demand worries"},"content":{"rendered":"<p>NEW YORK: Oil prices fell about 1% lower on Friday, posting to their steepest weekly losses in months, on worries that travel restrictions to curb the spread of the Delta variant of COVID-19 will derail the global recovery in energy demand.<\/p>\n<p>Crude futures also came under pressure as the dollar strengthened after monthly US job growth came in higher than expected. A stronger dollar makes greenback-denominated oil more expensive for buyers in other currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: Oil prices fell about 1% lower on Friday, posting to their steepest weekly losses in months, on worries that travel restrictions to curb the spread of the Delta variant of COVID-19 will derail the global recovery in energy demand. Crude futures also came under pressure as the dollar strengthened after monthly US job growth came in higher than expected. A stronger dollar makes greenback-denominated oil more expensive for buyers in other currencies.<\/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-429552","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\/429552","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=429552"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429552\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=429552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=429552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=429552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}