{"id":518295,"date":"2022-08-31T11:34:45","date_gmt":"2022-08-31T06:04:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518295"},"modified":"2022-08-31T13:15:16","modified_gmt":"2022-08-31T07:45:16","slug":"oil-edges-down-as-inflation-expected-to-impact-fuel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-edges-down-as-inflation-expected-to-impact-fuel-demand\/","title":{"rendered":"Oil edges down as inflation expected to impact fuel demand"},"content":{"rendered":"<p>Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.<\/p>\n<p>Brent crude futures for October settlement dropped 56 cents, or 0.5 per cent, to $104.53 a barrel by 0620 GMT, after climbing 4.1 per cent on Monday, the biggest increase in more than a month.<\/p>\n<p>The October contract expires on Wednesday and the more active November contract was at $102.57, down 0.4 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand. Brent crude futures for October settlement dropped 56 cents, or 0.5 per cent, to $104.53 a barrel by 0620 GMT, after climbing 4.1 per cent on Monday, the biggest increase in more than a month. The October contract expires on Wednesday and the more active November contract was at $102.57, down 0.4 per cent.<\/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":[130],"tags":[],"class_list":["post-518295","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518295","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=518295"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518295\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}