{"id":504533,"date":"2022-07-11T11:14:15","date_gmt":"2022-07-11T05:44:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504533"},"modified":"2022-07-11T11:14:15","modified_gmt":"2022-07-11T05:44:15","slug":"brent-crude-fell-over-4-in-a-week-amid-economic-worries-could-trade-in-98-and-112-range","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-crude-fell-over-4-in-a-week-amid-economic-worries-could-trade-in-98-and-112-range\/","title":{"rendered":"Brent crude fell over 4% in a week amid economic worries; could trade in $98 and $112 range"},"content":{"rendered":"<p>Central banks around the world are raising interest rates to tame inflation, spurring fears that rising borrowing costs could stifle growth, while mass Covid-19 testing in Shanghai this week caused worries about potential lockdowns that could also hit oil demand.<\/p>\n<p>Brent posted a weekly decline of about 4.1 per cent and WTI a loss of 3.4 per cent, following the first monthly decline since November. Prices tumbled on Tuesday when Brent&#8217;s $10.73 drop was the contract&#8217;s third-biggest daily fall since 1988 when it started trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central banks around the world are raising interest rates to tame inflation, spurring fears that rising borrowing costs could stifle growth, while mass Covid-19 testing in Shanghai this week caused worries about potential lockdowns that could also hit oil demand. Brent posted a weekly decline of about 4.1 per cent and WTI a loss of 3.4 per cent, following the first monthly decline since November. Prices tumbled on Tuesday when Brent&#8217;s $10.73 drop was the contract&#8217;s third-biggest daily fall since 1988 when it started trading.<\/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-504533","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\/504533","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=504533"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504533\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}