{"id":490550,"date":"2022-05-10T10:15:45","date_gmt":"2022-05-10T04:45:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=490550"},"modified":"2022-05-10T10:36:53","modified_gmt":"2022-05-10T05:06:53","slug":"oil-tumbles-on-global-economic-worries-strong-dollar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-tumbles-on-global-economic-worries-strong-dollar\/","title":{"rendered":"Oil tumbles on global economic worries, strong dollar"},"content":{"rendered":"<p>Oil prices tumbling more than 1 per cent on Tuesday, extending the previous day&#8217;s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand. <\/p>\n<p>Brent crude fell $1.31, or 1.2 per cent, to $104.63 at 0216 GMT (0746 IST) after slipping to as low as $103.19.<\/p>\n<p>US West Texas Intermediate crude fell $1.25, or 1.2 per cent, to $101.84 a barrel after hitting an intraday low of $100.44.<\/p>\n<p>On Monday, both benchmarks posted their biggest daily percentage fall since March, dropping by 5 per cent to 6 per cent since March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices tumbling more than 1 per cent on Tuesday, extending the previous day&#8217;s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand. Brent crude fell $1.31, or 1.2 per cent, to $104.63 at 0216 GMT (0746 IST) after slipping to as low as $103.19. US West Texas Intermediate crude fell $1.25, or 1.2 per cent, to $101.84 a barrel after hitting an intraday low of $100.44. On Monday, both benchmarks posted their biggest daily percentage fall since March, dropping by 5 per cent [&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":[146,130,177],"tags":[],"class_list":["post-490550","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490550","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=490550"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490550\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=490550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=490550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=490550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}