{"id":511281,"date":"2022-08-03T09:45:29","date_gmt":"2022-08-03T04:15:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511281"},"modified":"2022-08-03T09:56:21","modified_gmt":"2022-08-03T04:26:21","slug":"oil-prices-fall-as-weak-factory-data-fuels-global-demand-concerns-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-fall-as-weak-factory-data-fuels-global-demand-concerns-2\/","title":{"rendered":"Oil prices fall as weak factory data fuels global demand concerns"},"content":{"rendered":"<p>Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply.<\/p>\n<p>Brent crude futures fell 77 cents, or 0.8%, to $99.26 a barrel by 0421 GMT, while WTI crude futures eased 67 cents, or 0.7%, to $93.22 a barrel.<\/p>\n<p>The slide came after Brent futures slumped on Monday to a session low of $99.09 a barrel, their lowest since July 15. The U.S. crude benchmark dropped to as low as $92.42 a barrel, its weakest since July 14.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply. Brent crude futures fell 77 cents, or 0.8%, to $99.26 a barrel by 0421 GMT, while WTI crude futures eased 67 cents, or 0.7%, to $93.22 a barrel. The slide came after Brent futures slumped on Monday to a session low of $99.09 a barrel, their lowest since July 15. The U.S. crude benchmark dropped to as low as $92.42 a barrel, its [&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-511281","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\/511281","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=511281"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511281\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}