{"id":508179,"date":"2022-07-23T10:54:47","date_gmt":"2022-07-23T05:24:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=508179"},"modified":"2022-07-23T10:54:47","modified_gmt":"2022-07-23T05:24:47","slug":"reliance-warns-of-global-recession-headwinds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-warns-of-global-recession-headwinds\/","title":{"rendered":"Reliance warns of global recession headwinds"},"content":{"rendered":"<p>Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner of world\u2019s largest refining complex posted a lower-than-expected profit.<\/p>\n<p>\u201cRecession fears are overtaking oil market fundamentals, resulting in lower prices and margins,\u201d Reliance\u2019s Joint Chief Financial Officer V. Srikanth said in a post-earnings call Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner of world\u2019s largest refining complex posted a lower-than-expected profit. \u201cRecession fears are overtaking oil market fundamentals, resulting in lower prices and margins,\u201d Reliance\u2019s Joint Chief Financial Officer V. Srikanth said in a post-earnings call Friday.<\/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-508179","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\/508179","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=508179"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508179\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=508179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=508179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=508179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}