{"id":538717,"date":"2022-11-26T11:25:51","date_gmt":"2022-11-26T05:55:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538717"},"modified":"2022-11-26T13:50:33","modified_gmt":"2022-11-26T08:20:33","slug":"oil-falls-as-supply-disruption-fears-ease-amid-russian-price-cap-talks-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-falls-as-supply-disruption-fears-ease-amid-russian-price-cap-talks-2\/","title":{"rendered":"Oil falls as supply-disruption fears ease amid Russian price cap talks"},"content":{"rendered":"<p>Oil prices fell on Thursday, extending losses from the previous session, as fears of supply disruption eased on news that the Group of Seven (G7) nations were considering a high price cap on Russian oil. <\/p>\n<p>A greater-than-expected build-up in US gasoline inventories added to downward pressure.<\/p>\n<p>Brent crude futures had slid 43 cents, or 0.5 per cent, to $84.98 a barrel by 0102 GMT, while U.S. West Texas Intermediate (WTI) crude futures dropped 35 cents, or 0.5 per cent, to $77.59 a barrel. <\/p>\n<p>Both benchmark contracts plunged more than 3 per cent on Wednesday on news that the planned price cap could be above the current market level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell on Thursday, extending losses from the previous session, as fears of supply disruption eased on news that the Group of Seven (G7) nations were considering a high price cap on Russian oil. A greater-than-expected build-up in US gasoline inventories added to downward pressure. Brent crude futures had slid 43 cents, or 0.5 per cent, to $84.98 a barrel by 0102 GMT, while U.S. West Texas Intermediate (WTI) crude futures dropped 35 cents, or 0.5 per cent, to $77.59 a barrel. Both benchmark contracts plunged more than 3 per cent on Wednesday on news that the planned price [&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-538717","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\/538717","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=538717"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538717\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}