{"id":562027,"date":"2023-03-13T11:04:37","date_gmt":"2023-03-13T05:34:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562027"},"modified":"2023-03-13T12:16:11","modified_gmt":"2023-03-13T06:46:11","slug":"oil-prices-slip-as-concerns-over-rate-hikes-rattle-investors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-slip-as-concerns-over-rate-hikes-rattle-investors\/","title":{"rendered":"Oil prices slip as concerns over rate hikes rattle investors"},"content":{"rendered":"<p>Oil prices slipped in Monday Asian morning trade as concerns about possible further US interest rate hikes continue to rattle investors, though a recovery in Chinese demand and a weaker dollar provided some support.<\/p>\n<p>Brent crude futures fell 15 cents, or -0.18 per cent, to $82.63 per barrel by 0132 GMT. West Texas Intermediate crude futures (WTI) dipped by 9 cents, or -0.12 per cent, to $76.59 a barrel.<\/p>\n<p>Market sentiment was fragile as worries about further monetary tightening by the Fed have been exacerbated by high crude oil inventories in the US, analysts from ANZ Bank observed in a note on Monday morning.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices slipped in Monday Asian morning trade as concerns about possible further US interest rate hikes continue to rattle investors, though a recovery in Chinese demand and a weaker dollar provided some support. Brent crude futures fell 15 cents, or -0.18 per cent, to $82.63 per barrel by 0132 GMT. West Texas Intermediate crude futures (WTI) dipped by 9 cents, or -0.12 per cent, to $76.59 a barrel. Market sentiment was fragile as worries about further monetary tightening by the Fed have been exacerbated by high crude oil inventories in the US, analysts from ANZ Bank observed in a [&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-562027","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\/562027","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=562027"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562027\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}