{"id":547970,"date":"2023-01-17T11:17:43","date_gmt":"2023-01-17T05:47:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=547970"},"modified":"2023-01-17T12:58:47","modified_gmt":"2023-01-17T07:28:47","slug":"oil-prices-slip-on-global-recession-gloom-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-on-global-recession-gloom-2\/","title":{"rendered":"Oil prices slip on global recession gloom"},"content":{"rendered":"<p>Oil prices fell in early trade on Tuesday as recession fears dominated headlines out of the World Economic Forum&#8217;s meeting in Davos, draining optimism that stoked the market last week on prospects of a fuel demand recovery in top oil importer China.<\/p>\n<p>Brent crude futures were down 38 cents, or 0.5 per cent, at $84.08 at 0114 GMT, extending a 1 per cent loss in the previous session.<\/p>\n<p>US West Texas Intermediate (WTI) crude futures slid $1.16, or 1.5 per cent, to $78.70 from Friday&#8217;s close. There was no settlement on Monday due to a US holiday for Martin Luther King Day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell in early trade on Tuesday as recession fears dominated headlines out of the World Economic Forum&#8217;s meeting in Davos, draining optimism that stoked the market last week on prospects of a fuel demand recovery in top oil importer China. Brent crude futures were down 38 cents, or 0.5 per cent, at $84.08 at 0114 GMT, extending a 1 per cent loss in the previous session. US West Texas Intermediate (WTI) crude futures slid $1.16, or 1.5 per cent, to $78.70 from Friday&#8217;s close. There was no settlement on Monday due to a US holiday for Martin Luther [&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-547970","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\/547970","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=547970"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/547970\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=547970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=547970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=547970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}