{"id":452195,"date":"2021-11-27T09:10:00","date_gmt":"2021-11-27T03:40:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452195"},"modified":"2021-11-27T10:01:29","modified_gmt":"2021-11-27T04:31:29","slug":"oil-prices-hit-2-month-low-over-new-covid-19-variant-cryptocurrencies-tank","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-hit-2-month-low-over-new-covid-19-variant-cryptocurrencies-tank\/","title":{"rendered":"Oil prices hit 2-month low over new Covid-19 variant; cryptocurrencies tank"},"content":{"rendered":"<p>Oil prices dived around more than 10 per cent on Friday, hitting a two-month low as a new Covid-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter.<\/p>\n<p>Oil fell with global equities markets on fears the variant could dampen economic growth and fuel demand. <\/p>\n<p>Brent crude fell $8.46, or 10.29 per cent, to $73.76 a barrel by 10 pm IST. WTI was down 11.52 per cent to 69.36 a barrel.<\/p>\n<p>Bitcoin, too, tumbled over 9 per cent, dragging smaller tokens down, as investors dumped riskier assets for the perceived safety of bonds, the yen and the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dived around more than 10 per cent on Friday, hitting a two-month low as a new Covid-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant could dampen economic growth and fuel demand. Brent crude fell $8.46, or 10.29 per cent, to $73.76 a barrel by 10 pm IST. WTI was down 11.52 per cent to 69.36 a barrel. Bitcoin, too, tumbled over 9 per cent, dragging smaller tokens down, as investors dumped riskier assets for the perceived safety of [&hellip;]<\/p>\n","protected":false},"author":40,"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-452195","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\/452195","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=452195"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452195\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}