{"id":557395,"date":"2023-02-22T09:20:41","date_gmt":"2023-02-22T03:50:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=557395"},"modified":"2023-02-22T10:44:50","modified_gmt":"2023-02-22T05:14:50","slug":"brent-oil-falls-on-fears-of-global-economic-slowdown-rate-hike-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-oil-falls-on-fears-of-global-economic-slowdown-rate-hike-fears\/","title":{"rendered":"Brent oil falls on fears of global economic slowdown, rate hike fears"},"content":{"rendered":"<p>LONDON (Reuters) -Brent oil fell on Tuesday as concern about a global economic slowdown that would reduce demand prompted investors to take profits on the previous day&#8217;s gains, outweighing supply curbs.<\/p>\n<p>The focus in the wider financial market is firmly on the release on Wednesday of the minutes of the U.S. Federal Reserve&#8217;s latest meeting, after recent data raised the risk of interest rates remaining higher for longer.<\/p>\n<p>Global benchmark Brent crude was down $1.09, or 1.3%, at $82.98 a barrel at 0910 GMT. U.S. West Texas Intermediate crude for March, which expires on Tuesday, was up 43 cents at $76.77.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) -Brent oil fell on Tuesday as concern about a global economic slowdown that would reduce demand prompted investors to take profits on the previous day&#8217;s gains, outweighing supply curbs. The focus in the wider financial market is firmly on the release on Wednesday of the minutes of the U.S. Federal Reserve&#8217;s latest meeting, after recent data raised the risk of interest rates remaining higher for longer. Global benchmark Brent crude was down $1.09, or 1.3%, at $82.98 a barrel at 0910 GMT. U.S. West Texas Intermediate crude for March, which expires on Tuesday, was up 43 cents at [&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-557395","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\/557395","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=557395"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/557395\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=557395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=557395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=557395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}