{"id":449820,"date":"2021-11-15T11:54:07","date_gmt":"2021-11-15T06:24:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=449820"},"modified":"2021-11-15T11:54:07","modified_gmt":"2021-11-15T06:24:07","slug":"crude-oil-prices-slide-amid-fears-of-supply-boost-weakening-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crude-oil-prices-slide-amid-fears-of-supply-boost-weakening-demand\/","title":{"rendered":"Crude oil prices slide amid fears of supply boost, weakening demand"},"content":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening demand.<\/p>\n<p>Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate (WTI) crude lost 58 cents, or 0.7%, to $80.21 a barrel.<\/p>\n<p>Both markets have dropped for the last three weeks, hit by a strengthening dollar and speculation that President Joe Biden&#8217;s administration might release oil from the U.S. Strategic Petroleum Reserve to cool prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) &#8211; Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening demand. Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate (WTI) crude lost 58 cents, or 0.7%, to $80.21 a barrel. Both markets have dropped for the last three weeks, hit by a strengthening dollar and speculation that President Joe Biden&#8217;s administration might release oil from the U.S. Strategic Petroleum Reserve to cool prices.<\/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":[135,130,169],"tags":[],"class_list":["post-449820","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449820","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=449820"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449820\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=449820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=449820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=449820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}